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I'm stuck in U as well. We need a bounce from this straight down.
Last year NG was under $2 going into June. Contango popped it to $2.10 or so. I sold thinking it would touch $2 before making the major move up but it never did.
I'm in as well at 18.68. Report seems neutral to me, but it sure does seem like this may be a red day.
I'm with you there. With my luck, it'll start moving up in the PM.
It would be nice if July can drop to $3.25. My plan is to buy under $3.30.
I grabbed my beer money. I'm looking for a good entry next week to go long. $0.10 spread from June to July.
Bullish anyway?
4hr chart looks good if it stays above.
Looking for a U bounce before the report.
I have contango in the back of my mind too. Maybe a U bounce here and contango takes us down next week. I'm waiting for NG 3.20 to play the bounce. It's getting there. Long U before Memorial day sounds good to me.
Halfway in D because I'm too scared to go all in. I hope NG doesn't move up next week. GLTA.
Wow, good job on shorting. I was on the sideline looking for U entry but it is looking pretty scary.
I'm thinking about U now, but you gotta hold over weekend. Falling knife scenario?
Doesn't it seem like NG will trip matter what the report says? I bought a stack of D. GL
Nice drop. Too bad I jumped out early. Thank goodness I did not get into U yet.
Come on $3.60s let us in.
It's setting up for a breakout. Anyone thinking about gambling on the report tomorrow?
Yep. I'm out with a loss unfortunately. You can always revisit.
Too bad I missed it. I was planning my last buy there. To be honest, I'm surprised Nov contract is up here. Money disregarding fundamentals.
I bought in here. It looks like it wants to cool off. That was a strong spike, but I'm thinking of holding over the weekend. Hurricane aftermath might cool off natural gas.
80 Bcf reported vs 67 Bcf expectations.
Where do you see those numbers? I thought it was around 10-20 Bcf a week.
A lot of noise along the way too.
I hope you make some money out of this. Then we can jump on the U-boat.
52 Bcf
I believe expectations were at 52. Neutral
Next week the hot weather ends.
Weekly report was corrected from 37 Bcf to 42 Bcf . Anyone know this happened?
Stay down! I should have could have.
NG picking up steam. I sure didn't think it would go up this fast. Waiting for it to top out...
Either way. I feel like it's going to peak at 2.67 Monday or Tuesday. Too many things against NG. I'm guessing a pull back starting Wednesday into Thursday. Or it could drop off Monday it seems about done.
Are you holding the weekend? I'm staying on the sidelines. I'm surprised it is hanging out up here.
It looks like we are going for a new high. They want it to go up.
EIA reported 65bcf versus ~79bcf expectations. I feel like this was a trap. Expectations seemed high and they pulled it back to shake out. Too bad I didn't have the balls to buy U.
I'm thinking at least under 2.45 for a confirmed breakdown.
I'm going to wait for this thing to top out before trying to short again. Runaway bull.
Crazy move. I wouldn't be surprised if it gets there.
Can we get a retrace? NG is fighting it. Looks like I made a bad decision to hold over weekend.
Holding the long weekend. It looks like it wants to break down. Maybe I'm being trapped.
GLTA
I'm thinking the same thing. I was hoping it trades in the $2.38 area to hold into the weekend.
Anyone planning to hold over weekend if it stays under a certain range? Parabolic SAR on the 4hr chart flipped.
It's still hanging on.