Nat Gas

Left for  Dead many times,  Nat gas showed signs of Life today after the Bullish Storage report,which showed a build of 46 bcf compared to F/C of 61..Weekly storage numbers  skewed as  nat gas Demand increased as Nuclear reactors went down due to hurricane Florence.The price run up post number put gas Convincingly above $3 handle and then a push above prior 2 day Pit highs caused a nice round of Short covering ,as a result prices at 8 month highs. Take a look at the 3 minute chart below,big volume bar  happened on 9:30 storage release and  shows  markets were caught off guard.natural gas above $3 is a much better trade then gas  below $3

intra gas

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