Dec 20,22-NG-Go Long at 5.4? or 5?
Price is continuing to drop even though the temperature this week across the U.S. especially into Christmas is going to be damn cold!!
So the question is...will price drop all the way down to 5?? or should we get in now at around 5.4?
Both are areas of Support, and this cold is going to send demand through the roof, but when? Will price keep going down until Thurs or Fri this week? Or will price spike up early next week?
All I know is I'm not missing out on this trade....could be a nice 1000 point spike :-)
What are your thoughts?
Heiko
So the question is...will price drop all the way down to 5?? or should we get in now at around 5.4?
Both are areas of Support, and this cold is going to send demand through the roof, but when? Will price keep going down until Thurs or Fri this week? Or will price spike up early next week?
All I know is I'm not missing out on this trade....could be a nice 1000 point spike :-)
What are your thoughts?
Heiko
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