Natural Gas is pulling back. Chart is below. Volatile security and is leveraged x 2. The 20 is crossing up through the 50 No recommendation. ProShares Trust II - ProShares UltraShort Bloomberg Natural Gas is an exchange traded fund launched by ProShare Capital Management LLC. It is co-managed by ProFund Advisors LLC and ProShare Advisors LLC. The fund invests...
watching for continuation to upside next week if we can hold above these resistance areas my targets are 24.44-27.48-30.52
At bottom of volatility box. Temps heating up. Reversion to the mean. On the flip side, inflation could be a tail wind for nat-gas.
A Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.
KOLD bouncing exactly from my support box (.66, s/r, bottom of channel, POC, anchored VWAP) back into low volume area. Looking to trade up to last consolidation zone.
BOOOOM - Target Hit $KOLD in 3 days for 14.11% Wooooot!!! That is all…
NEW POSITION $KOLD Target 13.26 for 14.11% Back in KOLD at the moment… in at 11.62 Sell Target - 13.26 for 14.11% Or Double Position at 9.98 GL If you're a NatGas Trader I'd love to hear your opinion on where it's headed!!
What is KOLD? KOLD is 2x bear Natural Gas ETF that moves based on the price of Natural Gas futures. Natural Gas futures shot up to insane levels this year, and we believe that natural gas prices will drop very quickly. Natural gas futures usually rally 3-4 months before winter starts. This is because energy providers across the world are trying to price in a...
No matter the energy crisis, chart screams buy. There are 3 major peaks in the last decade and this looks like a start of peak 4.
Ok... so I started a 3% position here 😬 Look... I've made so much trading NatGas and lost most of it... LOL... so follow me at your peril... LOL BUT... I feel that this might be a great place to start a position. —————— I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on...
ENTERED 7.86, STOP 7.25, PROFIT 9.35-9.45... I LIKE the set up here.
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the Bloomberg Natural Gas SubindexSM return for a single day. The fund seeks to meet its investment objectives by investing in Natural Gas futures contracts.
So my analyses here is quite simple. Natural gas isn't going much higher and the reason for it is because the dollar is about to bitch slap it like the whore it knows it is.
If NATGAS can hold the current price range we could finally see a price of $5 to $6, sending KOLD to new all time lows. Will be watching closely the next few weeks.
$KOLD Target 33.99 for 52.28% If you know anything about Natty and my setups with natty you KNOW this will happen… kind of like this… perhaps with a little adjustment. I did add some yesterday but was unable to update... sorry y'all... I really kind of miss UGAZ / DGAZ right now… ----- — On the far right of the chart is my Average (Grey) Current Target...
$KOLD LET’S GO I mean it this time. Nat Gas can't hold over 4 for that long? 😬 right?
Nat-gas prices should get interesting in a few months. Do we get another giant price wave or do we finally see Nat-gas push through to a high price and stabilize for once?