Too much risk to short at this point, but I'll start accumulating for a long term play at $2.17 if it gets there,- all the way down to $1.90 in 5 cent increments... Will then hold into mid January 2019 or $2.95, whichever comes first..
No support if we break 2.50 tomorrow, If we rally 4-5% tomorrow and end the week green then the pattern looks nearly identical to last year... just a few weeks late. I'm long as I think avg storage, normal winter, and LNG exports offset the excess storage to be brought online, and only the production increases have been priced in at this point. A cold winter could...