nATURAL GAS NEW UPTREND

Hi Traders,

As predicted, Natural Gas topped within the target area at 4.50-4.56. Then again, it retraced to another predicted target area at 4.21-4.18.

Now, Natural Gas should resume the uptrend to the area 5.10-5.13 and higher.

TARGETS

likely: 5.10-5.13
possibly: 5.37-5.38

ELLIOTT WAVES

This new uptrend is nothing more than "wave 3" of the recently started trend at 3.537. See the attached charts.