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| april crude has been choppy since i posted last and the buy was generated around the 29.00 area but looks to be headed for the first target of around the 38.00 mark... ( holding longs)
natural gas has been in what looks to be some sort of impulse down to reach the middle of the PRZ after a earlier pattern at 177 has failed . A new pattern has possibly concluded and counts as a completed pattern and im looking for a reversal. I am long this market in may and june and will be looking again for some sort of reversal candle on the daily chart today as prices have bounce slightly off the lows. I am expecting this market to begin to move higher towards 190-200 first targets. (position Long may and june adding to positions this morning)
the 30 yr has been steadily grinding higher in yields and lower in price since the sell signal was generated and this could very well be a w 1 and w2 completed with a 3rd wave in progress to the downside to come.... 2nd target is 16014
I will be absent here in the forum for the next week or two so if your not on my email list and want to see setups the request line is open...... [email protected].
Thanks again for the interest and others opinions on market movements.... great forum. | |
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april crude update, natural gas and the 30 yr
