RE: RE: RE: Maxcan TargetMaybe I read it wrong.Does not matter...Just a trade
We can have an objective view by some NG suppliers / speculators whereby they see short term demand and spike NG up a bit more. I called in my post this bounce once we broke down through NG $4.05 expecting the range $4.10 to high $4.17.
I am prepared for a price tomorrow of HND $8.55. Thus, whatever I carry through report on HND I will be prepared to stop and then double position size for following week. This premis can be wrong. Just a NG trade and stop without hesitation.
My first take is we will see NG drop in price at end of day Thursday. Expect the report will be irrevalent -- the trade will be the weather expectation and production going forward not past week consumption / production. This week report may signal warmer entry to spring weather