On a macro basis: The decent failure back below 2267 has brought in 593 tics of pressure.
On a shorter-term basis: The decent trade below 1854-51 warned of decent pressure. We have seen 174 tics of this. We are called 29 tics lower as of 5:55am. Decent trade above 1759-60 should bring in decent short covering and I would be out of all shorts for the time being. Decent trade above 1806 (-.7 of a tic per/hour starting at 9:00am) will project this upward 140 tics minimum, 180 tics (+) maximum; but if we break above here decently and back below decently, look for decent pressure to come in.
NOTE: this is just a small portion of the market calls I provide my clients twice daily in the Natural Gas and Energy/Gold complex. 'Decent penetrations' are specific amounts provided to clients daily as well. If you are interested, please feel free to reach out.
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