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Re: July Nat Gas/ Continues to Break Suppts/Trades

Hi Trades,
Thanks for the Ng chart/comments. The others as well today.
On Ng current price pretty much reflects expectations on tomorrows report. If it comes in above a build of 69, 70 will likely see another move lower. Consumption was up for a while as the power gen. utilities sucked down all of that cheap gas while it lasted but with summer coming and the coal piles getting "huge" the coal plants are being fired up as they won't get away with using the Ng fired peakers for base load as the Air conditioners start running during the heat of the day.

Dx seems to have "showed it's stuff" as the day came to an end !!!! Perfectly happy watching the Euro go south !!!
I don't know what g was looking at earlier when he commented on Dx. He no sooner posted that comment and up it went, and so far has stayed above his new support number.

Thanks, Lee

Messages In This Thread

July Nat Gas/ Continues to Break Supports *PIC*
Re: July Nat Gas/ Continues to Break Suppts/Trades
Re: July Nat Gas/ DX/Euro/Lee *PIC*
Re: July Nat Gas/ DX/Euro/Trades