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| natural gas didnt bother to complete the triangle B wave and instead broke to the downside targeting 268-282 where a possible bounce may take place back towards 320-330..... currently holding shorts for now....
soybeans held and bounced from the possible reversal zone at 1026-1036 and 1112-1114 is still a possibility with a completed pattern there. another small pattern has developed and a push toward 1072- 1073 seen below may come about..... another scenario that could be playing out is that this is a w2 before a 3rd wave down that would target the 961 in a full w3 from here........ the up move from 940 looks to be corrective so im leaning toward the possible wave 2 with the 1072-1073 area coming into play...... we will see where we go....
[email protected]
Those following the nasdaq ,Dow Jones and S-n-P I will be doing an email update this week as we are getting very close to completion
thnks for following along
Edited by Mr Enigma 2/13/2017 07:30
 (soybeans update.png)
 (nat gas update.png)
Attachments
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 soybeans update.png (75KB - 93 downloads)
nat gas update.png (73KB - 84 downloads)
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nat gas and beans update......
