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Re: March Nat Gas/ Bouncing Back/Trades

Hi Trades,
Thanks for the charts/comments !!!

I'm cautiously long Ng again. Did ok Sun. night/Monday.

I doubt I will stay with it through tomorrow's report. There seems to be too much "funny business" going on with the storage issues.

With price back to the 20 ema things may be getting risky, I can imagine things going either way tomorrow. The ramblings on production cutbacks may have had some effect, but it has also been quite warm and consumption is down.

I think your chart tells the best story, I can see price bouncing off that 20 ema. Plus Feb. contract expires tomorrow as well as the options.

Both Ng and Gold are headed up but Gold was the best place to be !!!!

If you are around and any thoughts have cropped up holler !!!!

Thanks, Lee

Messages In This Thread

March Nat Gas/ Bouncing Back *PIC*
Re: March Nat Gas/ Bouncing Back/Trades