Issued: 04/29/2015
June natural gas:
1. In Monday’s (April 27) Williams edge futures meeting it was noted that a touch and daily close on Tues., April 28 in May natural gas above $250 would indicate new long entry for further expected advance.
2. Tues., April 28 tested $250 and closed the session at $253, prompting new long entry.
3. Today’s (Wednesday, April 29) session continues on the advance. Partial long position exit should be taken at current prices (current price $257.50).
4. A protective sell stop should be placed at $254. This stop will be moved higher as the market continues to confirm.
David Williams
Issued: 04/29/2015
June natural gas:
1. In Monday’s (April 27) Williams edge futures meeting it was noted that a touch and daily close on Tues., April 28 in May natural gas above $250 would indicate new long entry for further expected advance.
2. Tues., April 28 tested $250 and closed the session at $253, prompting new long entry.
3. Today’s (Wednesday, April 29) session continues on the advance. Partial long position exits were taken earlier today at $257.50).
4. In today’s Williams edge futures meeting it was noted that the final upside profit target was $261 which was completed today (today’s high, $261.20). This resulted in a successful trade. Will message any further entry or indication in June natural gas.
David Williams