Natural gas is setting up for a wave 3 of 3 to my trgt in the high 5's. my bullish count will invalidate on a break of 305 on the downside. . There is a gap around that 3.54 area and its very possible that prices may fall to that level. Yesterday we hit 3.66-67 in a wave 3 down which was 1.618 of the wave 1. I will be looking for the w4 to 3.77 and a wave 5 down to complete the wave 2 and start the w3 of 3 higher.

Good trading
CK