1/10/2013 Weekly Natural Gas Storage Report (1030 EST)
Started @ 3.163
1st Peak @ 3.204 – 1031 (1 min)
Reversal to 3.166 – 1039 (9 min)
Notes: Slightly larger loss than was forecast caused a long spike of 41 ticks that crossed no SMAs or Pivots as it was trending higher before the report. With JOBB, you would have filled long with about 12 ticks of slippage at about 3.185. Then you would have an opportunity to close out with about 15 ticks as it hovered in the 3.200 area. After achieving the 1st peak, 4 ticks below the R1 Pivot, it quickly retreated downward for 38 ticks in 8 min to touch the 20 SMA. After that it slowly rallied again to eventually eclipse the R1 Pivot 45 min after the report and chop sideways afterward.