Long

Seasonal NatGas Longs $NG_F $UNG $UGAZ

Updated

Pretty good track record since 2009 of getting long in August for the annual inventory build up going in to winter.
Current inventory levels (see chart here: ir.eia.gov/ngs/ngs.html) are close to the 5yr average so expectations for the trade will also be average.

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Weekly look above at 2.15s happened.
Daily close above 2.13s and we should be in business.
Lots of ways to play this outright or with options: NG_F UGAZ

Note

Forgot the chart with that update:

Note

Workin real nice

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Another week closed in the proper direction.

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If one is playing the futures, y'all could raise stops to 2.20 or higher but don't get tripped up....

Trade active

Looks like the second run for the season came in nicely as well for those who missed round 1

Trade closed: target reached

Late to closing out this ticket but the price and temporal targets were met.
Short side subsequently did amazing as well (3x ++ on DGAZ)

Trade closed: target reached

This trade paid huge again this season
Both price and time expectations were on point

Justiceisfalse2

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