07/28/2015 – Natural Gas

Issued: 07/27/2015

September natural gas:

1. Today’s (Monday, July 27) completion of and reaction off $2.74/$73 on the downside in September natural gas is an important price event.

2. In addition, tomorrow, Tuesday July 28 (+/-1 day) is the next important daily market bottom in September natural gas.

3. Any further test of and daily close above $276/$75 will place September natural gas into a ‘Buy’ position for further advance and test/attempt at $283/$84 (or higher) into later this week (week of July 27). Should the market be unable to test $276/$75, an alternate long entry will likely be messaged.

4. Will update this trade with initial price targets, protective stop etc. as the market continues to confirm as noted above.

David Williams

Issued: 07/28/2015

September natural gas:

1. In our Monday, July 27 September natural gas report we noted that Tuesday July 28 (+/-1 day) is the next important daily market bottom in September natural gas.

2. We also noted to watch for any further decline, test and daily close above $276/$75 which would indicate new long entry for a further advance to $283/$84 (or higher) into later this week (week of July 27).

4. Today’s (Tuesday, July 28) September natural gas declined to $277.50 (slightly above the $276/$75 preferred buying territory) and reversed higher, and completed the $283/$84 upside target (today’s session high, $283.90, so far). This completes the forecast/trade. Will message any further entry or indication in September natural gas.

David Williams