NG 05 12 (1 Min) 04.05.12

4/5/2012 Weekly Natural Gas Inventory Report (0430 HI time / 1030 EDT)
Forecast: 35B
Actual: 42B
SPIKE / REVERSE
Started @ 2.142
1st Peak @ 2.088 – 0431 (1 min)
54 ticks

Reversal to 2.133 – 0441 (11 min)
45 ticks

Notes: Spike crossed the 100 and 200 SMAs right at the origin, crossed the S1 line about a halfway down its path, before dipping a little below the S2 line to bottom out. The report came in with a relatively large offset of 7B ft3 rise, driving the negative spike. Reversal yielded 45 ticks in 10 min.