Replies to post #5646 on 3rd Leg Trading

[C C]

You’re correct
depends on what narrative they want to portray



Supply versus demand
- expectations for storage versus over expectation
Too many hot days vs couple days

All depends on what negative they want to pursue


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[C C]

Yes we are trading off forward futures contracts
They play a great importance in trading natty

we need watch forward months contracts
not totally sure cash price plays that much importance in runs up or down

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[C C]

The slump in natural gas comes as data showed hedge funds raised their bearish bets on natural gas despite reports of a large storm expected to impact the central, Midwestern and eastern U.S. this week.
Money managers boosted bearish U.S. natural gas wagers by 23% in the week ended Nov. 28, the biggest jump since early June, according to CFTC data.

These S/A articles are pure BS.....take ur pic

while this article is negative on natty
https://seekingalpha.com/article/4129540-natural-gas-moving-lower-despite-bullish-weather-going?

This S/A article is posative on natty
https://seekingalpha.com/article/4129132-natural-gas-fails?



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