3rd Leg Trading

[Myself °¿°]

* #msg-125976320 <---some of that is in our conversation sticky/d to the dgaz board
* Playing the: Tween the two shall meet... odds

Demand/Cash$ should come up "weather" this week
... so I don't expect Cash$ to stay low this time around.
... since the cold doesn't drop in till the 24th, Cash$ could slip a bit more?

* x7 Friday high was 2.94= +.17 over Friday's reported Cash$ -.04 @2.77
Monday's upside risk being short = (+.03) over Friday's high =2.97 (+.20 over Cash$)
How much will weather drive Cash$ this week?
How long before x7 is pinned to Cash$ into expiration and where will it be?

If I get my wish, in the short term, 1-2 days;
* "Contango" between the front month "x7" meets "Cash$" somewhere below Friday's close.
* I want to see Dec printing candles in the 3-3.05 area before the chart-monkey strikes the daily $natgas chart.
Contango between x7 & z7 is another story for aL8r conversation.
I'm not so sure it can be captured "south" this time.

More related links;
* Cash$ chart: https://www.investing.com/commodities/natural-gas-contracts?page=chart&symbol=NGY00
~ an area where it could hang out for a2/few days?

* Whether: https://www.tropicaltidbits.com/analysis/models/?model=gfs-ens®ion=nhem&pkg=z500a&runtime=2017102100&fh=30
cold appears to be hanging on @ the end of this run

* 3 charts; $natgas x7 z7 #msg-135361055

* Larger sma's...200,300,400, check your 500sma #msg-135227930

Weekly chart: I think that covers it *