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rick.alter.35

Elliott wave correction of NGAS with bullish y'wave coming

Long
Natural Gas (Henry Hub) (FX:NGAS)  
rick.alter.35  
FX:NGAS   Natural Gas (Henry Hub)
Elliott Wave anaysis NGAS UNG
2
0
elliottwaves anaysis ngas ung
Elliott wave correction of NGAS . looks to be hitting a bottom with a possible ending diagonal to end the 5wave count c'wave. ,,support may break a little( as before around 3.31.15) but overall looking for a y'wave reversal. Note how the 4th wave of a hit the 1.272 extension of 1-3 and 3rd wave went to 1.618..these are classic subwave relationships. y wave should goto atleast 1,272 of w and y'wave should take as long as atleast w'wave so 3weeks
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