Natural Gas - Horrific Inventory Report

416
Today Nat gas showed a greater than expected build in inventories.

The consensus was 78B vs 87B actual.

Nat Gas has now triggered a bearish hourly pattern that takes us lower. If we lose the 3.60 area you can be sure we are likely going to target the gap fill.

I'm watching for Natural gas to potentially end the week with a weekly topping tail.

This colder weather report could be a fakeout pump to shakeout shorts.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.