07/31/2014 – Natural Gas

Issued: 07/29/2014

September natural gas:

1. September natural gas continues in its extended decline and closed today’s session at $381.50.

2. However, the possibility for an immediate wildcard advance to $405 (or higher) exists during the remainder of this week (week of July 28).

3. Absent the wildcard noted above, a test/attempt of $387 (or higher) is likely tomorrow (Wed., July 30 +1 day). How the market handles $387 may prompt new long entry for the larger advance. Will update as the market confirms.

David Williams

Issued: 07/31/2014

September natural gas:

1. Today’s (Thursday, July 31) September natural gas completed the forecast $387.00 upside target forecast as due on Wed., July 30/Thurs., July 31 (today’s session high, $389.00).

2. The market reversed strongly off the $387 upside target completion, indicating a very small likelihood of trading the wildcard noted in the original update. Will message any further entry or indication if the market confirms.

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.