December N Gas
Traded down to as low as 11.55 today. This is well below the statistical wave 4 target of 12.30 to 12.00 that I expected. The last bastion of support is 11.50 on a closing basis. Should that level be broken then the chart may be telling us that it put in its high at 15.25 on October 5th. That would set 10.75-10.43 at the next downside stop.
JbG