May 062013
2/21/2013 Weekly Natural Gas Storage Report (1030 EST)
Forecast: -119B
Actual: -127B
INDECISIVE
Started @ 3.251
Premature spike @ 3.234 – 1030 (0 min)
-17 ticks
1st Peak @ 3.337 – 1031 (1 min)
86 ticks
Reversal to 3.271 – 1040 (10 min)
66 ticks
Notes: Moderately greater loss than was forecast saw a premature short spike of 17 ticks, then caused a 1st peak of 86 ticks that crossed all 3 of the major SMAs that were previously serving as support near the origin. It crossed the R1 Pivot halfway up the spike, then peaked 2 ticks above the R2 Pivot. After achieving the 1st peak, it reversed strongly and quickly for 66 ticks in 10 min.