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TFC Commodity Trading Forum

bond trade n nat gas

Looks like we have finished or close to finishing a a 5-5-5 on the treasuries. Now all we need is a 5 wave down and it looks as if we might just get it. Trade looks good so far bias is to the downside.

natural gas has bounced nicely off the lows from 191 and appears that the downturn possibly has run its course. Looks like we are going to get a truncated 5th wave down in the nat gas market. support comes in at 236 and change on the july contract. I will be playing the( oct, dec) contracts.

If you wanna follow along with these trades and my other calls @commodity_kid on twitter for intraday updates

good trading

C.K.