Thursday, May 16, 2013

Natural Gas: More on the Dramatic Price Moves on EIA Storage Reports

This is what I was talking about in the intro to today's report. Look at the immediate reaction moves on the 16th, 9th and 2nd:

On the 5 minute chart you have a series-of-higher-lows-upmove, now $3.936, tradable for pros or the deranged.
Previously:
May 16-up 99 Bcf
May 9-up 88 Bcf
May 2-up 43 Bcf