September natural gas:
1. In Friday’s 08/07 Williams edge session it was noted that natural gas could be shorted upon a daily close below $228 for a decline to $210 expected on 08/13.
2. Subsequent Lee, natural gas closed below $228, at $225.50. The market then continue to decline into 08/12 where it completed the $210 profit target (swing low, $208.50). This successfully completes the forecast/trade.