See bottom of this post...
The forecast may have painted the picture too rosy... I really wanted the U10.10 entry.
But I would have closed it ext-hrs anyway due to non-performance...
not worth holding risk/reward
wouldn't want to wake up monday morning under 10
The 10th just happens to be a thursday
if it's gap up and run... it's probably short lived
but I kinda want to see how spot responds to the heat when it arrives.
this "gotta be in to win it" over the weekend thing sucks
a big portion of the 10-15% ugaz/dgaz swings are gone by the time I can trade monday
Turns trades into scalping again
would sure like to see lofty over spot again...
get back to shorting strength
I think a lot of this catch the falling knife slinky thing is to draw in more retailers
add hope, add hope... add again
I would have loved to had the opportunity to short +/- 3.06...
looks so far out of reach now
would seriously consider stabbing 2.94 now
the boards are getting bearish and expecting bearish things
would love to see it bounce
Here is a sticky number... 2.715
not sure if you saw it yet...TOS /NG Daily chart, ext-hrs toggled ON
contract expiration in feb was the 23rd...
3rd to the last trading day of the month
contango gap up on the 24th
next day down
3 day's after the contract expired in feb the new contract broke out @2.715 of its short lived downturn
put your eyeball on that 2/27/17 red candle @2.715
2.653 tweezers tips low... with the following break out candle... on a fresh contract
Just wondering what you thought of it.
backatya
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