{"id":3216,"date":"2018-06-16T20:26:27","date_gmt":"2018-06-17T00:26:27","guid":{"rendered":"https:\/\/www.fundamentalanalytics.com\/?p=3216"},"modified":"2018-06-16T20:26:27","modified_gmt":"2018-06-17T00:26:27","slug":"eia-insights-for-may-102018","status":"publish","type":"post","link":"https:\/\/www.fundamentalanalytics.com\/pt\/eia-insights-for-may-102018\/","title":{"rendered":"EIA Insights for May 10,2018"},"content":{"rendered":"<h2 style=\"text-align: center;\">EIA Insights<\/h2>\n<p>&nbsp;<\/p>\n<h6><strong>Thursday, May 10, 2018<\/strong><\/h6>\n<h6><strong>Injection Less Than Expectations<\/strong><\/h6>\n<p>The EIA reported an 89 bcf Injection for the week ending May 4, 2018.\u00a0 The 89 bcf injection was close to the average for this week of the year, average being about 90 bcf injection, and the injection was less than the average of expectations 93 bcf injection, with a range of an 83 injection to a 114 bcf injection.<\/p>\n<p>The computer weather model estimated an injection of 94 bcf suggesting demand was slightly greater than supply during this past week.<\/p>\n<p>Prices jumped when the report was released, and continued up throughout the trading day, ending near the highs for the day. \u00a0\u00a0The market is currently bullish, with $2.70 a support value, but it also may stuck in a trading range.\u00a0 It needs to decisively close above $2.87 to break out of the trading range.<\/p>\n<p>(See charts below)<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-1679\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/05\/EIA-pic1.png\" alt=\"\" width=\"1025\" height=\"575\" \/> <img decoding=\"async\" class=\"aligncenter size-full wp-image-1678\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/05\/Eia-pic-2.png\" alt=\"\" width=\"1029\" height=\"768\" \/> <img decoding=\"async\" class=\"aligncenter size-full wp-image-1677\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/05\/Eia-pic3.png\" alt=\"\" width=\"1027\" height=\"775\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1676\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/05\/Eia-pic4.png\" alt=\"\" width=\"1029\" height=\"764\" \/><\/p>","protected":false},"excerpt":{"rendered":"<p>EIA Insights &nbsp; Thursday, May 10, 2018 Injection Less Than Expectations The EIA reported an 89 bcf Injection for the week ending May 4, 2018.\u00a0 The 89 bcf injection was close to the average for this week of the year, average being about 90 bcf injection, and the injection was less than the average of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3216","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/3216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/comments?post=3216"}],"version-history":[{"count":1,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/3216\/revisions"}],"predecessor-version":[{"id":3217,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/3216\/revisions\/3217"}],"wp:attachment":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/media?parent=3216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/categories?post=3216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/tags?post=3216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}