Friday, January 11, 2013

Trading Idea : Natural Gas (Short term Update )

Dear All,
                 We were bearish on NG and given target of 170--167 levels .........NG hit 170.70...... 2 days back . now what next .....

It seems we have completed first leg of decline in form of  wave 1 or A and now will go for wave 2 or B wave up in ABC fashion


NG Medium term : Bearish ..........Target --->>> 155
NG Short to very Short term : Bullish Targets --->>> 193---199--203

Kindly chk chart...

Thanks & Regards
Abhay Mehrotra

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