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Wrap – Week Ended 10/11/19
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13
Oct
Surprised that the shorts increased their position in nat gas.
October 13th, 2019 at 12:38 pmRe 1 – would expect that to modestly reverse within a month to 6 weeks. Crowded trade at the moment. Not expecting it to go 1 to 1 any time soon. Shorts have no fear here and except of other shorts taking profits. Would not expect a move below $2 and for them to get really nervous the line appears to be $2.50.
October 13th, 2019 at 4:54 pm[…] zman on Wrap – Week Ended 10/11/19 […]
October 14th, 2019 at 7:08 am