December N Gas


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

(articolo di Sandro Mancini)

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