July natural gas:
1. In yesterday’s (Wednesday, May 31) Williams edge live meeting it was noted that July natural gas (then trading at approximately $3.08) was expected to continue its sharp decline into Thursday, June 1 and trade at $3.04 or lower.
2. Subsequently, July natural gas spiked up to $3.11 and quickly reversed and today (Thursday, June 1) completed the $3.04 forecast downside target (today’s session low, $2.99, so far). This successfully completes the forecast/trade. Will message any further entry or indication in July natural gas.
David Williams