NATGAS On another note, European Natgas storage is falling really quickly too. Right now they're burning about 1.5% of storage per day. Storage is currently at 89%. They're forecasted to end winter with 1000bcf less compared to last year. That's gonna make the market hella tight by mid December.
NATURALGAS a 5bcf draw is still bearish or bullish because of the surplus but if your getting a 20% rises from a 5bcf draw then whats it going to be like when it hits 70
NATURALGAS Ok, time to take out the ruler and measure vertical price moves of the past to get a statistical probability on the viability of this vertical rocket. Yup, that's what I'm gonna do right now. 📏📐