Nov 23, 2021 Natural Gas Larry Williams Update TP HENRY HUB NATURAL GAS FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) NYMEX:NG1! HEIKOTradingSystem As I discussed in my last post, I would Take my small Profit and run by Wed this week.....this morning worked for me. I put in a Take Profit at 5 even so I made a little money, not huge but better than losing :-) So the forecast is looking mild for the next 2 weeks and this contract expires this Friday ( I think ), so there could be some volatility for the rest of this week. I'm probably going to hold off on a trade till Monday which will be the January Contract. The question remains........if there is a cold snap over the next 4-6 weeks, will price action skyrocket up?? OR will it only go up a bit because higher prices for NG around the world are already so high?!?! This is the 64 million dollar question. Then spring comes and usually (USUALLY) price action comes down. So my inclination moving forward is looking more toward a SELL position. I will check price action closely and if price action rises a bit then get in then on a SELL order. Biden also announced this morning a multi country action to help bring oil prices down so gas at the pumps can come down for consumers. This might inadvertently affect NG prices to the downside. So this plus the warmer than usual weather makes me lean more to the downside price action moving forward. Good Luck to everyone and remember market is closed Thursday. I will keep you posted with my usual Friday update. Stay Safe. HEIKO