sugar, nat gas

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sugar, nat gas

Sugar has been steadily grinding lower and has possibly completed 5 waves down (oct contract) Im still holding long. and will add today on a confirmation candle looking for a correction back to the 20.50-20.75 range.

Nat Gas has extended down to the low 260 price target. this is the lower part of the range and should have concluded the C waveof the ABC correction, with the 3rd wave to begin soon. (currently holding oct and nov contracts). 255.5 is the .786 fib number of the last move higher and 270.8 is the .618 fib. number. W2's generally end within these two fib numbers.

Good trading
CK

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sugar, nat gas

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