03/28/2017 – Natural Gas
- March 28, 2017
- Natural Gas
May natural gas:
1. On Monday, March 27 in our Williams edge live meeting it was noted that a daily close below $315.00 in May natural gas could be sold short for a decline to $309.00 into Wednesday, March 29 (+/-1 day).
2. Subsequently, May natural gas closed the day at $312.80 (below $315, indicating new short entry). Today (Tuesday, March 28) May natural gas completed the $309.00 downside target (today’s session low, $309.10, so far). This successfully completes the forecast/trade. Will message any further entry or indication in May natural gas.
David Williams
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.