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Re: 3xBuBu post# 2147

Wednesday, 08/03/2022 12:18:43 PM

Wednesday, August 03, 2022 12:18:43 PM

Post# of 2188
The heat wave is dissipating, meaning less consumption of NatGas. If tomorrow's storage report shows a larger injection into storage, rather than consumption to run power for air conditioners, then I believe it is safe to say the industry is beginning to build inventory for this coming heating season.

https://ir.eia.gov/ngs/ngs.html

If demand dissipates, and supply increases, NatGas prices will drift lower for the next few weeks.

Ride the KOLD wave until it's time to ride the BOIL wave again. Classic swing trading. GLTY



https://www.fxempire.com/forecasts/article/natural-gas-price-forecast-natural-gas-markets-show-signs-of-hesitation-1085068

My posts are my opinion. Always trade at your own risk.

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