Ton of support at $120, curious if it will hold up on a test.I will be buying in the 80s but I still think that’s a pretty outside shot right now. I wouldn’t fault anyone for nibbling sub 120.
everyone should be rooting for some apple capitulation because it’s needed part of ending this down trend
In complex markets no one thing is the only thing. Does lower than expected inventories negate very mild and warm weather across Europe . Think how easy things would be if they were as binary as you present. There is nothing to figure out, the net aggregate opinion of all market participants weighing all data on all time frames to find a priceI know market prices don't fully depend on news events, and its at least partially random, but shouldnt lower natgas inventories than expected lead to rising prices rather than a sudden drop?
Is there some kind of "clever", bad is good, fed will pivot, backwards thinking going on here?