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Re: wave count nat gas / CK
In Response To: Re: wave count nat gas / CK ()

Looks to be a big wave 3 in progress on the daily. appears like 3.33-337 would be my wave 3 projection but you do have have some resistance at your number. I still think we get higher prices. If we do correct it should be in a zig zag for a w2 to 365 or so. might be finishing up a 5th wave of w1 to end @ 3.33-3.37 if its a 1.618 x w1 on the daily . havent done the calculations for 2.618 yet but its been depressed so long it would not surprise me at all to see it pop. trying to wait for that zig zag if it ever shows up.

Thanks for calling my attention to it, If your trading the day I should be long @around 2.80 on the break thru though

Thanks G