On a macro basis: The trade above 2661 (-.5 of a tic per/hour) brought in 7003 tics of higher trade. We left a medium-term bullish reversal below on 6/1 that warned of renewed strength for days/weeks. We have seen 6597 tics from 3067 so far. The trade above 3108-09 attained 6555 tics. All of the above are ON HOLD.
On a shorter-term basis: On 2/15 we left a moderate bullish formation below that warned of higher trade for days—we saw 5092 tics from the 4572 close. The break above 5047 also projects this upward 1300 tics (+). We have attained 4617 tics. The trade above 5918 (+1.5 tics per/hour) warned of decent strength. We have seen 3746 tics so far. The decent trade above 8434 (-2.5 tics per/hour) projects this upward 550 tics minimum, 1810 tics (+). We attained 1230 tics so far. All of the above are ON HOLD. The failure below 8682 (-3.5 tics per/hour) warned of decent pressure—we have seen 587 tics so far. This will come in at 8614 (-3.5 tics per/hour starting at 8:00am).The decent trade below 8785 (+5 tics per/hour projects this downward 900 tics (+).We have attained 690 tics so far. The decent trade below 8442 (+1.6 tics per/hour) also warns of decent pressure for 450 tics minimum, 1230 tics (+) maximum; but if we break back above here decently, look for decent short covering. This will come in at 8464 (+1.6 tics per/hour starting at 8:00am).
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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