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Re: surehands post# 16338

Thursday, 11/16/2017 8:15:05 AM

Thursday, November 16, 2017 8:15:05 AM

Post# of 18980
Todays Trading Range:

Based on historical (seasonally-adjusted) and implied volatility, there is a 68% chance that natural gas price will trade in the range between $2.95 and $3.22 per MMBtu over the next five trading sessions. A narrower, statistically adjusted range is $2.97-3.19 per MMBtu.


Im thinking with bullish report NG pops to 3.13/3.15 area. Then down to 3.05 possibly 3.02. Then tomorrow even lower!


Note the Gap did not close in 2016, However Wx is not conducive for a bullish run yet. Hence why Im scalping 1/2 long selling pops and buying short. rinse repeat.

GLTA

DISCLAIMER: MY POSTS ARE STRICTLY MY OPINION, AND ANY OPINION
PROVIDED DOES NOT CONSTITUTE A BUY,SELL, OR HOLD RECOMMENDATION OR DECISION.