Manx & MayorCould be Mars and Venus at times, lol, I am Mars! Yes expect old bud Mayor back. Appears we were on same page expecting forward declines on NG HH spot. This upper mid central storm is no match for production capability. Ps Mayor to be back soon, I would assume.
Over next few weeks expecting down trend on NG HH as expect the low maybe will reach a range $2.15 to 2.35. The move to Dgaz $140 plus possible. This is inverse to coming off a winter with storage near 1750 to 2050 to commence injections. I expect very strong supply into storage and NG spot price falls.
On Uvxy I Posted NG and sold prior break above Dgaz $110. I did a small UGAZ, called this drop on Dgaz and rebought a very large position.
I am on Dgaz over weekend and expect I definitely see Dgaz $130 and $140+ is doable, but not a given.
Watching that EOD stats moving forward. Update changes T35. Hope all can enjoy a decent weekend in Canada, Glta, Cheers Manx