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On a macro basis: We left a medium-term bullish reversal intact below, that warns of higher trade, likely for days/weeks. Decent trade below 2651 will negate this and should bring in renewed pressure toward 2415 (-).

On a shorter-term basis: The decent trade above 2614 (-.7 of a tic per/hour) projects this upward 125 tics minimum, 355 tics (+) maximum. We have seen 341 tics of this so far. The decent break above 2706 also warned of a run toward 2925 (+)—we have seen 249 tics of this, taking out 2925. We did not see any follow-through profit taking Sunday before resuming higher trade. We are called 162 tics higher as of 6:00am. We may see some profit taking here before continuing higher as a result of breaking above and back below 2917-28.

NOTE: this is just a small portion of the market calls I provide my clients twice daily in the Natural Gas and Energy/Gold complex. 'Decent penetrations' are specific amounts provided to clients daily as well. If you are interested, please feel free to reach out.

Commodities trading involves a substantial degree of risk and may not be suitable for all investors. Michael Moor does not guarantee profits and is not responsible for any trading losses of subscribers. No representation is made, stated or implied, that any investor will achieve results, profits or losses, even remotely similar to hypothetical results. Past performance is by no means indicative of future results. Information provided in this newsletter is not to be deemed as an offer or solicitation with respect to the sale of purchase of any securities or commodities. Any copy, reprint, broadcast or distribution of this report of any kind is strictly prohibited without the express written consent of Michael Moor. Michael Moor may execute transactions in a proprietary trading account that may be consistent or inconsistent with the contents of the newsletter. The content, statements, and viewpoints expressed in this publication are those of Michael Moor solely in his individual capacity and are not attributable to any person or entity other than Michael Moor

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