EAI Natural Gas Storage Change - Fading the hot news Flash - Go with the Trend

This Thursday afternoon of March 15th 2012 at 10:30 EST (14:30 GMT) the EAI Natural Gas Storage Change figures were released. They had a bullish draw however the Natural Gas Future Contract continues to trend lower getting ever more closer to decade lows seen after 9/11

Here is the data:

EAI Natural Gas Storage Change
Estimates- Median: -59 Average: -58 High: -50 Low: -65
Actual: -64 Prior: -80 No Revisions

Here is a 10 second chart showing fading the initial upward spike reaction to the bullish news. Don't try this at home folks, unless you are experienced at trading and know how to manage risk. The Natural Gas Future is like a slippery eel and it can move faster than virtually any other instrument...indeed sometimes its price action can best be described with one word: GAS!!!

Here is the Daily chart of the active month continuous Natural Gas Future, showing the downtrend. The trend is your friend, don't fight it...while there was money to be made with the quick money move on the instant spike reaction to the news deviation, with the right technological tools of course, always be aware of the trend when trading...news trading or otherwise: