NG1! Looks like they really like pumping If winter would be cold it could support the price Yet do not forget that the price can change direction any time without logic Looks like we are still in bearish trend
Odds: 55% chance of $3.11-$3.20 (1-4 days) 45% chance of $2.75-$2.87 (1-3 days) Odds favor Up
Signal: NG1! at $3.06, test 50 ema day, Red volume on 5min/15min/1000-Tick; green on 1H/3H/4H/5H/12H/1Day hints at rebound to $3.11-$3.20; so uptrend intact if it holds $2.87. weather, and production risk drop to $2.87 if VWAP ($2.995) fails.
Trade: Long: Hold long NG1! (bought $2.80-$2.844). Add 20% if price nears $2.87-$2.91, target $3.11-$3.20. Stop loss at $2.75.
Sell Short: Short if price falls below $2.87, target $2.75. Stop loss at $2.995.
Watch: $2.63, $3.20, daily volume. and lets see how the day candel closes.
Odds: 55% chance of $3.11-$3.20 (1-4 days) 45% chance of $2.75-$2.87 (1-3 days) Odds favor long(Up)
Signal: NG1! at $2.90, near pivot $2.87, pulling back with markets red and VIX up above 15.00. Green volume on 5min/12H boosts a rebound to $3.11-$3.20; uptrend intact if price holds $2.87. Red volume on other frames and weather risk dropping to $2.87 if VWAP ($2.995) support fails. see how the daily close price is.
Trade: Long: Hold long NG1! (bought $2.80-$2.844). Add 20% if price nears $2.87-$2.91, target $3.11-$3.20. Stop loss at $2.75.
Sell Short: Short if price falls below $2.87, target $2.75. Stop loss at $2.995.