December nat gas did not go quietly into the Night as Shorts were squeezed into expiration pushing futures to gains of 10.6%.I guess after the Month gas has had nothing short of Volatile expiration would be expected.Jan +8.5% into the close
Last 2 minutes of Oil trade 1:28-1:30 is used to create a settlement price So activity and Volume picks up as we know.,Throw technicals and al lother stuff out of window. Players tried to push oil below $50 and Possibly settle it down there,they failed. Low price of $50.06 a settle of $50.29 and quick bounce of 50+ ticks post settlement out an end to that game. heating Oil -2% gasoline ~-1.5% into the close.