4/12/2012 Weekly Natural Gas Inventory Report (0430 HI time / 1030 EDT)
Forecast: 22B
Actual: 8B
SPIKE / REVERSE
Started @ 2.000
1st Peak @ 2.069 – 0431 (1 min)
69 ticks

Reversal to 1.971 – 0459 (29 min)
98 ticks

Notes: Spike crossed no SMAs at the origin, crossed the R1 Pivot line about 1/3 up its path, before eclipsing just below the R2 Pivot at 2.070. The report came in with a large offset of 14B ft3 rise, driving the positive spike, but was still a gain in supply. Thus, the reversal recovered all of the spike and more fighting through all SMAs, the R1 and PP Pivots for nearly 100 ticks in 29 min.

3/29/2012 Weekly Natural Gas Inventory Report (0430 HI time / 1030 EDT)
Forecast: 49B
Actual: 57B
SPIKE WITH 2ND PEAK
Started @ 2.235
1st Peak @ 2.175 – 0432 (2 min)
60 ticks

2nd Peak @ 2.165 – 0435 (5 min)
70 ticks

Reversal to 2.190 – 0449 (19 min)
25 ticks

Notes: Spike crossed no major SMAs, but it crossed the S2 line about a quarter of the way down its path. The report came in with a relatively large offset of 8B ft3 rise, so there was a rare 2nd peak that hit the S3 line before producing a small retracement of 25 ticks.

3/15/2012 Weekly Natural Gas Inventory Report (0430 HI time / 1030 EDT)
Forecast: -58B
Actual: -64B
SPIKE / RETRACE
Started @ 2.289
1st Peak @ 2.334 – 0431 (1 min)
45 ticks

Reversal to 2.288 – 0449 (19 min)
44 ticks

Notes: Spike crossed no major SMAs, but it peaked just below the R1 line. Reversal came back to the 50 SMA 19 min after the report.