NG Assessment to MondayAs posted Friday Dgaz ok but come late Monday U is the entry. This will hold into Thursday AM although I mentioned to exit Wed late day. So when is D automatic. Soon, not yet. Here is why.
1. Appalachians are higher altitude low demographic. What is important is is the other side of the caller zone. Good observation, not yet in play.
2. Mid west remains very hot, south Midwest hotter. Denver 90? We do not see 90 in Banff, Canada. This in the zone Dalls, Memphis, Ok City and St Louis, all remaining above 88f,.
3. Chicago is rising forward temps by 10F. Ohio valley, lower than Appallacians remain above average for time of year.
4. New York dropping, but nearby Philly, Washington, Raleigh and further south Atlanta, New Orleans, Jacksonville just too high in temps.
Why this is important is the lower than average storage number. So as stated watch for D dips, enter and you have the safe trade.
An entry of 1/4 to 1/3 pre report D ok, bid lower on report by 2.5 to 4.5% and hope for fill. Also may remain weak on D Friday AM, better mid day.
Rely on D early Sept to Nov 7 as prior stated in posts. Very likely Dgaz attains either side of $37.
Cheers Manxcan, Glta NG traders