Natural Gas Fundamental Analysis February 8, 2012, Forecast

Economic Events: (GMT)

WEEKLY

• This Week in Petroleum
  Release Schedule: Wednesday @ 1:00 p.m. EST (schedule)
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  Release Schedule: The wpsrsummary.pdf, overview.pdf, and Tables 1-14 in CSV and XLS formats, are released to the Web site after 10:30 a.m. (Eastern Time) on Wednesday. All other PDF and HTML files are released to the Web site after 1:00 p.m. (Eastern Time) on Wednesday. Appendix D is produced during the winter heating season, which extends from October through March of each year. For some weeks which include holidays, releases are delayed by one day. (schedule)
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  Heating Oil, Propane Residential and Wholesale Price Data
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• Natural Gas Weekly Update
  Release Schedule: Thursday between 2:00 and 2:30 p.m. (Eastern Time)
• Weekly Natural Gas Storage Report
  Release Schedule: Thursday at 10:30 (Eastern Time) (schedule)

Natural Gas Fundamental Analysis February 8, 2012, Forecast

Natural Gas Fundamental Analysis February 8, 2012, Forecast

Analysis and Recommendations:

Natural Gas is down at 2.485. As traders realized that the calls for cooler temperatures was not happening, focus once again returned to the high inventory, pulling prices downward.

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As noted yesterday, Natural Gas shoud continue to fall looking for a bottom as the days of winter pass.

Natural Gas Pivot Points (Time Frame: 1 Day)