pre-market natty is 3.05

bid = 3.05
Ask = 3.05

edit.....

gappped up 3.101

cc

But Loosening Supply/Demand Balance A Long-Term Concern

6:00 AM EDT, Friday, December 1, 2017
Natural gas put an end to its early-week rally with an emphatic 15 cent or 4.8% decline on Thursday to settle at $3.03/MMBTU. The loss was driven by the combination of a relatively disappointing EIA-reported weekly storage draw in this week's Report, expectations for an even more bearish draw for the storage week ending today, and computer model forecasts that trended warmer--or, more appropriately, less bitterly cold--over the last 24 hours for mid-December

by.....celsius


cc

thinking outside the box
realize demand will be there next week
but
we are dealing with this week coming up
and
printing of chart

where is demand
question.....
why did the price of natty go down in almost all hubs
some hubs dropped as much as 7 %
demand for electricity in New England dropped 14.7 %
price at Louisiana hub is 2.96
of which
all hubs but one are lower than Louisiana hub price of 2.96

edit....
only on tanker linning up for Sabine Pass


who knows for sure
watching natty this afternoon

see.....Select Spot Prices for Delivery Today....bottom right corner

https://www.eia.gov/todayinenergy/prices.php



cc

thinking outside the box
if there is so much demand
then
why did the price of natty go down in almost all hubs

may go out and buy a toboggan.....lol


would love to see snow
could it be possible this year

saw snow here about 3 years ago


cc

appears we could be another week till cold sets in
till then warm weather ahead for this week





cc

looking cold....while the entire time till 19 th cold goes back and forth
eb n flow

tru 6 th appears to be fairly warm compared to what is coming

shall see how goes after 19 th
this week will be important in price of natty
see where it goes


cc

have another week of warm weather





cc

http://www.cmegroup.com/trading/energy/natural-gas/natural-gas_product_calendar_futures.html





cc

SD.....could possibly know Sunday
think we could get our run

not sure when as of yet
does it drop next week cause real cold doesn't get here till 10th or so
next week will tell the tale

does 3.00 hold
or do we retrace back to 2.8 or so for next leg up
weekly and monthly chart
we are in a wedge formation...trying break out
last week we hit high of wedge and retraced some
how low do we retrace.....shall see Sunday where this goes


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136590235



cc

we need snow by christmas

does natty retrace and back up
do we get a small bounce
travel sideways before bounce

believe
shall see this week



cc

Hope all is well my friend
Christmas getting closer...is busy time of year

Wish you and yours a very merry Christmas

Natty is a hard one....he’s like Mr Grinch
doesn’t like to give up much

Wish I knew more about trading natty
All ways a new angle to learn


cc

Settlement dates....cash prices
year ago

Cash Prices......year ago

http://www.wsj.com/mdc/public/page/2_3023-cashprices.html

natty.....Settlement dates

http://www.cmegroup.com/trading/energy/natural-gas/natural-gas_product_calendar_futures.html



Natty Spot Price Tracker

http://www.naturalgasintel.com/CFTC


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WSJ cash price is 2.84

natty futures contracts
Jan....opened...3.032.....close.....3.061
Feb....opened...3.035.....close.....3.063

Jan spread at open was .003
at close the spread is .002

spread lost some......is that bad....?????
gives me concern.....shoulda gone up today
not saying we don't get a bounce
when is question.....do we wait for thursday....????
or Monday


edit.....just noticed

what gives concern is 8 - 14 days out weather.....NOAA
says getting warmer
these temp maps change like I change underwear

6-10 day temp map
http://www.cpc.ncep.noaa.gov/products/predictions/610day/610temp.new.gif

8 - 14 day temp map.....does it get warmer
http://www.cpc.ncep.noaa.gov/products/predictions/814day/814temp.new.gif

shall see Monday opening
will be watching Sunday




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Settlement dates....cash prices
year ago

Cash Prices......year ago

http://www.wsj.com/mdc/public/page/2_3023-cashprices.html

natty.....Settlement dates

http://www.cmegroup.com/trading/energy/natural-gas/natural-gas_product_calendar_futures.html


cc

yepper see that
the thing is most runs have been short covering
at end of month
not from weather

after short covering it drops back down
just not sure how low it could go this time

been wrong before.....in cash for now
don't like these mid rangeers

cc

no..... am out

in cash
could go sideways next week

could also take dive next week
leaning toward this one

looking back
most of the pops have been from short covering

edit.....
should have sold at high



cc

poor Canada.....they gonna needs shovels
hardware stores should do good.....lol




cc

temp map for 17 th
poor Canada.....they gonna needs shovels
hardware stores should do good.....lol







cc

Temp Maps.....cold begins Dec 2nd tru Dec 15 th
next 2 weeks we get cold weather
hard predicting out past then


Sat....Dec 2 nd....Cold coming form Westward..and.....off East Coast



Tue.....Dec 5 th


Thurs...Dec 7 th


Sat....Dec 9 th



Mon....Dec 11 th



Friday....Dec 15 th




cc

picked some back up near low
at 8.65





cc

the chart is printing.....doing what it'z supposed to do

rinse.....wash....repeat
rinse....wash.....repeat

will come back around





cc

Probably someone printing chart


cc

out




cc

now a fight for the bulls n bears

does that mean trying to stabalize
then what....?????????

got me some 9.06's

shall see how it goes
cold coming

wonder how Sabine Pass will be reporting
wonder if they were loading up for winter last week
there are 7 headed there

cc

got some 9.06 's





cc

don't worry it'z coming.......lol

trying to pick some up right now
9.11 or so


cc

Jan.....temp Map

http://www.cpc.ncep.noaa.gov/products/people/wwang/cfsv2fcst/imagesInd3/usT2mMonInd2.gif

Feb

http://www.cpc.ncep.noaa.gov/products/people/wwang/cfsv2fcst/imagesInd3/usT2mMonInd3.gif

March

http://www.cpc.ncep.noaa.gov/products/people/wwang/cfsv2fcst/imagesInd3/usT2mMonInd4.gif

not sure we can rely on this far out
but
should be cold



cc

http://www.cpc.ncep.noaa.gov/products/people/wwang/cfsv2fcst/imagesInd3/usT2mMonInd2.gif



cc

Temp Maps......cold is coming....get ur hats n coats

wend....Dec....6 th


Thurs......Dec.....7 th


Friday....Dec.....8 th




Mon.....Dec......11 th


Friday.....Dec.....15 th






cc

Been gone on road all day
Phone not able pick up ihub

How u doing
Hope natty treating u kindly

cc

morning Swampdude

the 200........ could it be drawing us

3.3 or 3.36





cc

holding mine

7.67.... and .....8.03



cc

Current snow cover links

http://www.natice.noaa.gov/pub/ims/ims_gif/DATA/cursnow.gif

Water Vapor link

http://www.ssd.noaa.gov/goes/comp/nhem/wv-animated.gif

Friday......Northern Eastern Sea Board will be hit with Snow



cc

were coming upon a gap at 3.08
top is around 3.10





cc

Overall, weather models from GFS, ECMWF, CFSv2, and CMC are all showing cooler than normal temperatures starting after 12/7. If this persists, we should see natural gas prices trend higher from here.




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Aggregate Short Volume Data Reported to FINRA


................Short Volume.....Total Volume....Short Percentage
11-27-2017 ....4,559,638 ....18,385,897 ....24.8%
11-24-2017 ....14,628,765 ....28,015,688 ....52.22%




cc

now at 3.071




cc