NG 06 12 (1 Min) 05.24.12

5/24/2012 Weekly Natural Gas Inventory Report (0430 HI time / 1030 EDT)
Forecast: 77B
Actual: 77B
INDECISIVE
Started @ 2.708
1st Peak @ 2.688 / Reverse to 2.742 – 0431 (1 min)
-20 ticks / 34 ticks

Reversal bottom at 2.664 – 0446
44 ticks

Notes: An exactly matching report, caused indecision and a double wicker of 54 ticks from top to bottom initially that spanned out to 80 ticks at its max. After seeing the double wicker and noting the matching report. It would be safe and reasonable to sell the peak and buy the dip as big oscillations will happen for about 1 hr. As it settles, the movement becomes closer to the centerline and the swings are lesser in magnitude.