*DISCLAIMER*-This is WEEKLY Chart- Not advisable to trade without an proper analysis. Not my fault if you traded and made a loss. It is not like trading on M15 or H4, ONE Candlestick is actually 1 week so it is long term trade. I will explain how to better catch the trade at correct level with no risk. The Natural Gas is in Channel, there has been multiple...
This week’s numbers have shown a build of 38 billion cubic feet for the week which does constitute for a build of 1.91% in total storage within the United States.
Last week Price hit multi-year Support level 1.510$ and bounce back from multi-year support, Currently price hit long term downside trend resistance. Next, some month now Demand of Gas VERY LOW as Summer period starts, we will see come next week Price go back 1.510$ support 🛑SUPPORT/RESISTANCE ✅S1= 1.725 ✅S2=1.510 ✴️R1=1.840 ✴️R2=1.920 Please like, share,...
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Price is ranging right now within the green box. Support looks like it should hold. There may be larger powers at be that do not want crude to fall back below $25. Decent bounce off $2.50 support. I think it's safe to assume it'll hold for now. $2.78 resistance needs to break in order to continue trend upwards. Ultimately depends on the outcome of the OPEC...
Dow jumps 800 points on oil rally, decrease in coronavirus cases abroad “This is going to be the hardest and the saddest week of most Americans’ lives,” Surgeon General Jerome Adams warned. www.nbcnews.com Is the market's positive reaction this morning justifiable?
Description: An analysis for the week ahead. Points of Interest: 3-days of balance ($2460-$2525); declining volume; 20-day moving average; 4/2 Low of $2424.75. Technical: On 3/23, the market broke below $2270 (the bottom of a major balance area) and one time-framed higher through 3/26. For that week, multiple profile distributions resembled elongated...
Not going to say nows the best time to buy - its probably not - but I'm willing to bet my left almond shares will be trading around $20 in a year or two. Seems like an extremely safe yearish long buy and hold. Fun to let things build slow sometimes anyways. Position size accordingly, look for dips to load up . Adios, Fishy
Use this as a guide to develop your view of the chart Main items we can see on the Monthly Chart: a) There is a massive Support zone between 1,6 - 1,2 b) This Support has been working since 1992 c) Currently, the price is on 1,6 / The first contact with the support zone d) We think the price will make reversal structures before starting the bullish...
Natural Gas Continues its Monthly Run of Inventory Cuts Showing -19bcf for the Week
Use this as a guide to develop your view. Main items we can see on the weekly chart: a) The price is on a significant support zone b) We expect a reversal movement based on the previous situations c) If the price goes up respecting previous structures that happened on the past, these are what we will be waiting -Breakout of the descending...
If you saw my recent post on oil, than you know I'm some what bullish on oil for a potential bottom. This one broke out and now looks like its creating a double bottom off support. I like this ones setup.
Here we have NeoGas (GASBTC) which is now looking up. If you've been reading my charts today, this one is looking like DOCK, POWR, and PHB... Let's see what happens next! Below are the short-term trade numbers for Gas. ----- PAIR: NeoGas | GASBTC @BCREGBOT ENTRY: 0.0001450 - 0.0001650 TP1: 0.0001850 TP2: 0.0002000 TP3: 0.0002300 TP4: 0.0002650 STOP: Close...
We can look for an accurate Sell entry near the higher border of the Descending Channel. Buy entry was missed. Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Write your comments and questions here! Thanks for your support!
Numbers released today have show that Natural Gas Storage numbers for the week have shown a cut in storage numbers for the week down -29 Billion Cubic Feet for the week past.
This is based on the idea of a trend reversal on the weekly. energy prices have crashed and now they will slowly recover. No saying what the top is but the system is pumped full of money. There is going to be big inflation sooner or later and this can help give some sort of timeline,.
Gap could be filled in few days, please watch out the descending trend line.