NYMEX Natural Gas
CME Live Cattle-Dec18
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The market is showing a bearish structure, after the completion of sub-wave c of wave 2 or B in diagonal triangle, the market is expected to move lower in an impulsive downward move toward 104- to complete the wave 3 or c . Oscillators and time studies are supportive.Good luck.
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The market is showing a bearish structure, after the completion of sub-wave c of wave 2 or B in diagonal triangle, the market is expected to move lower in an impulsive downward move toward 104- to complete the wave 3 or c . Oscillators and time studies are supportive.Good luck.
E-MINI NASDAQ
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Upward channel formation.
The lower bound contained the last 2 attempts to break the channel.
If 7 5 3 0 is broken, it will indicate that the 5th leg of the channel will perform in a,b,c where "c" will move higher 7800+ before reversing direction. A clear break to 7167 will indicate the end of this rally and open the path for a large correction toward 6400-6300.
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Upward channel formation.
The lower bound contained the last 2 attempts to break the channel.
If 7 5 3 0 is broken, it will indicate that the 5th leg of the channel will perform in a,b,c where "c" will move higher 7800+ before reversing direction. A clear break to 7167 will indicate the end of this rally and open the path for a large correction toward 6400-6300.
