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TFC Commodity Trading Forum

Treasuries, NG, and sugar

30 yr treasuries -look to be carving out a w4 on a 5 min chart. Acting like a w4 as of now anyway
Still holding short and looking for the 147 obj

NG - oct after a gap down open last night we are grinding higher and if we close near the highs we close
In a morning star doji candle. Will be adding on to positions on a gap higher tonight. Upside target still near the 3.50 area

Sugar oct is grinding lower and looks like it will hit our 21.25-21.50
Target . Still waiting on this market to complete the downside corrective "C" wave.
Once complete ,we should begin a nice long impulse up (3wave up.)

Good trading
CK