I'm curious to see how this Ukraine Fud plays out.
I'm curious if we find a consolidation zone in here or retest a previous resistance above and ping pong around a bit
Europe in an "energy crisis", China has been trying for ever to buy our LNG but we can not get it there, Btw they pay $5-7 mmbtu for Lng, that's what they have been doing with Australia for ever and they are geographically closer, but again so is Russia and they have the biggest Natural gas fields in the world with no Green policies of liberals. China couldn't get the product they wanted and has been leaning on coal, so naturally NG came down to accommodate.
-Now here is the thing, we got huge congestion of tanker ships all over north America with the exception of Florida.
-Ng exports expected to ramp up in Usa to an record high. So supply to flood the market. I guess we are not so green after all hey!!!! Dems
But could we even get the NG to market with the back log of ships?
-Biden trying to empty the strategic reserve because they are short on product
-My guess is Dems in the Usa will be face with the fact they can not eliminate fossil fuels because its the cheapest form energy and low income people can not afford 120k for a vehicle special in developing nations, start revisiting trump policies.
-Fed unwinding balance sheet, market goes down, and everything else with it including Commodities
-floods into cash buying power returns but we have a bottle neck?
*Nothing flowing through Nord stream 2 right now supposedly, that's a wild card.
I'm curious if we find a consolidation zone in here or retest a previous resistance above and ping pong around a bit
Europe in an "energy crisis", China has been trying for ever to buy our LNG but we can not get it there, Btw they pay $5-7 mmbtu for Lng, that's what they have been doing with Australia for ever and they are geographically closer, but again so is Russia and they have the biggest Natural gas fields in the world with no Green policies of liberals. China couldn't get the product they wanted and has been leaning on coal, so naturally NG came down to accommodate.
-Now here is the thing, we got huge congestion of tanker ships all over north America with the exception of Florida.
-Ng exports expected to ramp up in Usa to an record high. So supply to flood the market. I guess we are not so green after all hey!!!! Dems
But could we even get the NG to market with the back log of ships?
-Biden trying to empty the strategic reserve because they are short on product
-My guess is Dems in the Usa will be face with the fact they can not eliminate fossil fuels because its the cheapest form energy and low income people can not afford 120k for a vehicle special in developing nations, start revisiting trump policies.
-Fed unwinding balance sheet, market goes down, and everything else with it including Commodities
-floods into cash buying power returns but we have a bottle neck?
*Nothing flowing through Nord stream 2 right now supposedly, that's a wild card.
Note
I know i said lower but that morning star/abandon baby is technically an exhausted gap down. would not be surprised if it closed that way today and rallied next week.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.