NATURALGAS what we gonna see end of the week 2.9 or again 3.2 again..?Natural Gas (XNGUSD) forum
๏ปฟNATURALGAS what we gonna see end of the week 2.9 or again 3.2 again..?
NGAS All bullish support broke down in past 24hrs with break of 4H EMA and falling through previous low. Combined with continued bearish fundamentals, think we will see further downside before EOW. Might see price slow down near lows of last week
NATURALGAS The-Thief Hard to believe given this week of downside. Will have to climb back up to 3.25 before to be bullish again.. Maybe today will have cleared up all would be sellers, but I think it will get worse before it gets better.
XNGUSD ๐ Current SnapshotMMBtu (Henry Hub benchmark) ๐
(Down slightly today, holding steady amid balanced supply and demand.)
๐ Trader Sentiment Outlook
Measures the overall mood of investors โ mostly optimistic despite some caution!
Retail Traders: 55% Bullish ๐ข | 35% Bearish ๐ด | 10% Neutral โช
(Driven by LNG demand and weather hopes, but inventory worries linger.)
Institutional Traders: 60% Bullish ๐ข | 30% Bearish ๐ด | 10% Neutral โช
(Focus on stable exports and production, wary of oversupply risks.)
๐จ Fear & Greed Index
Current Level: Neutral (around 50/100) โ๏ธ
(Balanced emotions โ not too scared or overly excited. Investors are steady, watching for weather and supply shifts.)
๐ Fundamental & Macro Score Points
Key real market drivers keeping things positive overall (score: 8/10 ๐ข):
Rising Global Demand: Strong LNG exports and energy needs (e.g., AI/data centers) boost usage. ๐
Production Steady: U.S. output at ~117 Bcf/d, with slight growth expected. ๐
Weather Impact: Milder forecasts support heating needs in fall/winter. โ๏ธ
Inventory Levels: Slightly above average, but tightening balances ahead. โ๏ธ
(Challenges: High storage could cap quick gains, but exports keep momentum.)
๐ Overall Market Outlook Score
Bull (Long) Bias ๐ข๐ (~60% confidence)
(Prices could climb toward $3.60 by late 2025 on tighter supply and export growth. Watch for winter upside! โ๏ธ๐ฅ)
NATURALGAS It's running late for the hope of an afternoon recover, new low just now.
NATURALGAS $3 is next, I warned you๐๐ฅNATURALGAS DONT LONG if you donโt want to get f*cked๐NATURALGAS As long as it stays above 3.115, it still can be qualified as consolidation. But if no recovery today, it will go lower tomorrow morning.NATURALGAS reached $3.1 today, so far my predictions are MUCH more accurate than algo's lol Want to see $3 than I'll start looking for alternative positions. Storage data keeps building and much higher than 5 year average so NO opportunities for price to go higher.NATURALGAS so crunched some numbers and it's 69.43% possibility that today will be green with a gain (aver return of +3.83%) LOL Sounds crazy let's see if it turns out true and i'll keep tuning the system