June natural gas:
1. In Monday’s (May 23) Williams edge live meeting it was noted that a daily close below $208.00 in June natural gas should be shorted for a tradable decline to $203/$02.
2. Subsequently, May natural gas closed the day at $206.10 (below $208) indicating new short entry. On Tuesday, May 24 natural gas completed the $2003/$02 downside target (initial swing low, $197.70). This successfully completes the forecast/trade. Will message any further entry or indication in June natural gas.