Contango gap is closing DGAZ $440 has moved up 11% from $396. Things are progressing nicely as predicted. Contango is such a great trade if you realize NG trade is all about manipulation. WX, seasons, weekly report those are just tools to make the masses do what they are supposed to, lose money. Note July NG is $1.57 wont be surprised to see a test of April low $1.52. Someone posted 40 loads cancelled for July. Perhaps Credit Sussie doesnt want to be in on an event like we saw in April with crude. Smoke n mirrors is what these things trade on backed up by Dust.
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