NATURALGAS Huge possibility next week we falling to 3,35
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NATURALGAS Huge possibility next week we falling to 3,35
NATURALGAS 4.9 s inevitable
NATURALGAS NG1! looking at monthly chart we had volume equal to December 2024, which was high by itself. none of other months can compare. We also hit and stopped at Monthly Berish FVG. This bullish move can go up to $6 if volume persist. But for it to continue higher it needs to pull back from this fvg and break it on December or January ( passing $4.35) if it attempts to break in upcoming week at the start of the November, I would be expecting it losing steam and reversing to $3.7 - $3.8. My thoughts for this analysis is based on supply, which is over supplied and still rising up which colder season starting. Unless we have a very cold freezing winter and exports at highest pick then it can move a head up. Data at the moment justifies only trend lower. Current price might be driven by sentiment as EU pledge purchasing more US natural gas, we just had the highest monthly volume for the year, meaning institutions where loading in, be careful when they start unloading as US is limited to export capacity as well is oversupplied, feels like all year long only injection season was ongoing.
It just my view on current PA, do your own analysis. it is not a financial advice ...
NATURALGAS These support and resistance levels are crucial for the next three months.
NATURALGAS that would be my prediction till Feb. next year, thats what am actually trading, but be always ready for a Market crash
NATURALGAS Attention : A double top already printed on the monthly. The big money has spoken.with clearly A/D not supported last two days move , with more than 54% sellers at this time of year, fear is smelled
Now price is at a decision point. Either we break down now, or we grind up one last time to form a double Top at 5$ on the weekly—a perfect bearish set-up—and THEN we collapse after two weeks to put the next monthly level below the current one
This is the market's bill coming due for all that debt. The piper gets paid before the end of November.
You have two choices now: be careful, or be wiped out. Your move. ist either be carful or pay the debt of America
NATURALGAS oct 2023 was also +20%, but the next month was -25%…
NGAS not a fan of elliot wave theory but looks like we are on the way for the 5th wave. I would not short this commodity for next 4 to 5 months at leastFirst impulse wave (12345) started in 2020 & finished in 2022. Next came ABC correction which finished in 2024. Since then we have finished 4 waves & now starting the 5th up wave
NATURALGAS 3.5 today.NGAS closing my long position in next 30 minutes. Target achieved as mentioned for nowtradingview.com/symbols/NGAS/minds/?mind=6R9bqLLVTUq_CvlTOre0VQ&exchange=FX
Will wait for better price or more information on weather. Not shorting it as it is against my principle to short NG between September & February (especially in La Niña winters)
