I remember November 2016

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should head below August lows
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close up view natgasusd
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below support box idea will have to be modified to include a top already in place 快照
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so far so good 快照
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going to take a bit longer after all 快照
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odds are greatly increasing we break down here 快照
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if we see a clear 5 waves down before a new high, then focus will shift to adding shorts on a retrace (see green alternative count) - this move could extend lower before retracing 快照
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still expecting one more high 快照
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still on track, tricky with inventory report today 快照
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looking like a corrective drop so far, may be a good idea to hedge shorts or take profits 快照
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still looks corrective, shorts may be wise to cover soon, i may switch long on next low, upside may be limited, above 2.9 the idea needs to be re-worked with a bottom theme 快照
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its certainly bouncing hard from the area specified, will have to watch how the bounce takes shapes for further clues, shorts hopefully were closed were it was wise to do so
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if anyone still short, i'd close here on todays dip, going to retrace much of the week higher
Wave Analysis

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