RE: RE: RE: HnuAgree.
I noticed that this chit is correlated with the broad market in a way. On an up day it goes up and on a day like today it can drop violently. If there is a bull attempt tomorrow in the broad market the chit will probably follow regardless of inventory levels.
What we have seen in the recent few days was totally abnormal due to May futures expiry, both the continued fall in the last days of May and the hump on Monday. I reckon things should revert to 'normal' now.
A question I have is when the summer A/C demand will have its influence on NG price and how long after that before the winter demand kicks in?