The TMV Swing trade report was long the N-gas, based off the 5-wave continuation pattern, with the stop loss at 5.220. The N-gas stocks report was released mid session and caused wild intra-day swings in he market. The N-gas dropped to a low of 5.204 as soon as the report was released. From here, the market reversed and rallied sharply. The pattern is still valid for a strong rally, but the stop was triggered by intra-day noise. I recommend re-entering the long position and placing the stop loss at 5.200.

March N-gas

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  1. Hilde Markert

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