Thursday, December 15, 2011

EIA Natural Gas Storage Change - Lower Print but whipsaw

Liquidity is very thin as Christmas approaches so there was a good deviation today but it just caused a whipsaw. Here are the figures:

EIA Natural Gas Storage Change
Estimates: Median -92 Average -90 Range -103 to -61
Actual: -102 Prior: -20

Here is the 1 minute chart from a spreadbet platform, so might be slightly different than the real futures market.

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