Exiting D trade; technicals indicate oversoldBeen sitting on the D trade that is sideways the past week and still holding half my U.
Had to sell half of U at a loss as i waited too long.
Spot market is up; technicals indicate oversold, both of which may fortell a U move.
Will let the D trade fill and then look to repurchase U at a very slightly better price and try to recapture some profit on the U side.
The plan is then to re-evaluate D as it could take a week or two to see where the weather goes along with the technicals and storage.
Overall, don't expect an intermediate or long term up trend, only a seasonal/technical bounce.