RE:RE:Thursday ReportTradex2x wrote: I was under the understanding that today's prices are biased on what might happen a month from now not the present weather unlike other stocks where you can follow the level 2 bidding it follows natural gas min to min future prices therefore if you can identify a price pattern during each day then you can buy and sell accordingly there always seems to be spike in the first two hours of trading
https://ir.eia.gov/ngs/ngs.html We're at storage levels well below anything we've seen in the past 5 years. I'm bearish on NG over the medium term, but people who are talking like D is a sure thing right now may want to look at the linked chart. Once storage levels revert to historical levels, I'll consider going long on D. Maybe I'll miss out on some upside, but I'd rather do that then get caught in a bull trap on overnight holds with huge gaps. At least on a day trade I can control losses.