United States Natural Gas Fund LP UNG

gmaster29

UNG formed a Head and Should pattern in the daily chart and recently broke down the neck line. It's looking bearish and would test the 200 DMA around 13.25 and would test 12.25 in next 2-3 months.

LadyAmalthea12

NEW POSITION $UNG looking for 19.34 fro 16.78% Started a 1% position here… Looking to either sell at 19.34 Or Double my position at 14.50 Let’s go, NatGas traders… —————— 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 you. Check out my ideas, but also do your own due...

NaughtyPines

... for a 5.02 credit. Comments: High IVR/high IV here. I looked at various ways to get around the awful call side skew and decided to just short straddle it. Break evens at 11.98 and 22.02 with delta/theta at -16.85/4.32. Will look to take profit at 25% max. I'm indicating that it's "short" because of the net delta metric, but it can wander around anywhere...

burtnette

Natural gas usually declines around this time of the year. This year looks like it could be different. UNG looks like it could make another run if this flag breaks out to the upside.

DontSlamTheDoor

Swinging the NOV19 $18c. Should produce a nice r/r if the pattern plays out. Looks promising right now.

LadyAmalthea12

$UNG - Key Levels and Analysis Would love to get one more good natty swing… Sell target 21.28 Or Double target 15.72 —————— 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 you. Check out my ideas, but also do your due diligence. If you want me to analyze any stock or...

ReadyFor401k

In these we have Strangles and Iron Condors setup so we're monitoring to make sure these stay in the middle of the range. If they breach, we can adjust. All of these trades expire Nov 19th. $UNG $IWM $CTRA $IFRM

flrtrader

We finally came back down to a slightly lower bottom since the sell signal from the 10-05-21 top Great support here and tested this bottom on the 15 min chart. I'm in @ 18.80

rulesbasedtrader

Thank you to those who have responded so kindly and favorably to my postings on the JB 80C indicator that I developed (quite some time ago). The JB 8OC indicator is based on a simple but powerful concept. Specifically, in bull markets no matter what the timeframe, closing prices of a given time bar tend to be higher than opening prices. In a bear market closing...

TheTradersBias

Natty gas has been the gift that keeps on giving. Yet another leg up on the daily has formed. This is a moon shot in gas terms.

dnvemon

Natural gas broke new 52 week high. There's an ongoing energy crisis across Europe and the USA. Weekly time frame is a double bottom.

AxeCapp

Natural Gas looks like it's coming out of a multi-year bear market. Upside Potential is HUGE!! Energy seems to be an attractive trade next couple of years IMO. Keeping an eye on Natural Gas and Uranium as the world explores alternative renewable energy resources Happy Trading :)

JenRz

This is an intuitive hit that I received in meditation this morning. The idea is UNG will reverse back down. I'm not sure if the high is today or it could be Monday. I tend to think it's monday as we're going out strong here at the end of the day. The .618 is at 18.46. In that area to $19.00 seems like a good area to watch for a reversal. I dowse on this and get...

Lester_Davids

So far this year, we have published two ideas on Natural Gas. One on the long side (via the UNG ETF) and one on the short side directly via the commodity. UNG ETF on 14 May: This idea has appreciated via 35% and 44% from confirmation and publication respectively, with the full target of $14.60 being reached last week Thursday. The original idea via my research...

DanjaZown

Exactly what I was hoping for if you referred to my previous post. We've had a strong bounce off of support after our smaller retracement and I expect this to go up to about $15.64 (ish) and from there I can only guess a strong retracement (based on storage volumes etc, but we'll see).

DanjaZown

UNG has been on a bit of a tear. I think the recent run in Natural Gas has had less to do with inflationary pressures and more to do with increased US output and decreased reserves. We've broken a major resistance level and we are currently in pullback mode but I am expecting one more push to the blue line (which I think corresponds to $4 on the exchange). After...

Maximilianned

This little piggy is heading out for slaughter soon - its been a great run for Natural Gas. Right now it looks like its nothing but gas is holding it up - revision to the mean is due at about $12.80 Having traded UNG in the past there is negative drag on this product (its always going down) because its rolling futures contracts. /NG is in backwardation -...

WXYXXZ

Last wave down was in 5 waves, I assume this to be the terminal wave and we are observing a long-term reversal. To the nearest simple fibo pullback 38% is more than 300% growth potential... I would call it a minimum target. This is also a part of a clean energy megatrend, natural gas is used to be a part of @green energy@ DYOR in any case