NG1! Do you think it will tag the 50D EMA and fade back down?Community discussions
NG1! Do you think it will tag the 50D EMA and fade back down?
$NG1 Update - Dec 17
$4.00 holding (key psychological level)
Next target: $3.58 (gap fill + 200-day MA)
Expected path:
Rally to lower high, then one more drop to support. Everyone calling bottom—classic setup for final shakeout. pain train
Notes:
Mild weather narrative about to shift
Backwardation playing out: NG2 already touched 200MA
NG1 likely follows soon
Let's see how it plays out.
Good hunting.
$4.00 holding (key psychological level)
Next target: $3.58 (gap fill + 200-day MA)
Expected path:
Rally to lower high, then one more drop to support. Everyone calling bottom—classic setup for final shakeout. pain train
Notes:
Mild weather narrative about to shift
Backwardation playing out: NG2 already touched 200MA
NG1 likely follows soon
Let's see how it plays out.
Good hunting.
NG1! it may get there now from the edge of that circle...
NG1! In the upcoming 4 hours if the price touches 369 then can take entry , Target will be 390 and stop Loss will be 355.NG1! I think we most likely bottomed.
NATGASMINI1! i think its gonna break support ...lets seeNG1! 1pm ish, next breakout
NG1! 15 min timeframe, lets see how this pans out
NG1! Watch for a move on or around the 26th of May 2026.
NATURALGAS1! 📉 Overall Bias: Not a trade recommendation just a view based on OI buildup
➡️ Range to mildly bearish
➡️ 360–370 = sell zone
➡️ Break & hold below 350 = bearish continuation
⸻
🧩 Trade Logic (OI + Price Action combo)
🔴 Bearish setup
• Rejection near 360–365
• Short futures / Buy 360 PE
• SL: Above 370
• Targets: 352 → 345
🟢 Bullish only IF
• Strong close above 370 with volume
• Otherwise, avoid longs