Natural Gas Futures NYMEX:​NG1!

still in down channel treading down … don't see any reason this will change until we hit 2.55 - 2.60 area yes there is tons of support at 2.75 area but I feel geo political issues over rule this as well as FED rates inc also as support for this … the grand daddy commodity Gold is in the dumper 100.00 off its top and treading down since 4/11/18 what does it all ...

The white fork gives us the most probable path of price on a longterm scale, it's up. The yellow fork is the opposite force, and projects the potential for a pullback from the very top, with the target at the centerline. The price drop through the yellow centerline lead in a halt right before the L-MLH (Lower-Medianline-Parallel) of the yellow Fork. This ...

tweaked lower down trend line now that there is chart data to support trend channel NG in / below slush channel of 2.90 - 2.87,2.86 area headed for 2.80 range with bottom of 2.60 ish summer run is over is my thoughts DGAZ players delight $$$$

Natural Gas is closed in a channel...

ew

Unlikely to go much higher. 5 y seasonal cycle is very bearish, momentum diverging with price, commercials are very short

I expect natural gas to trend lower $NG_F

Target 2.586 los stop lastnight open price

added upper new slush trend area is shaded area at 2.90 to 2.87 / 2.86 this is the new channel top area look and expand volume for the last few days and note big red down volume this is key to NG new trend AS 7/4 is a Holiday could the Monday effect hit on 7/5 and spike down ..good chance OF NOTE: the broad mkt has been selling off since 4/11 (remember this ...

added to 7/2 chart see it for notes added dark blue upper channel of new support top top is a slush area from 2.90 to 2.87 / 2.86 area this failure of NG to keep going up has happened many years even as east coast is in a heatwave.. look at and expand the red down volume the last few days ..key to direction go with the trend until it fails …. buy the news .. ...

black line is long term support area yellow line is bottom of this support area so 2.80 to 2.55

at the red line 3.01 NG failed volume was the key . as both center purple center channel and red up trend failed as it broke the green channel ..down is its coarse also of note was failure of the blue line where it had near 30 days support so my guess summer up trend over in NG should hold 2.80 to 2.60 areas ill get a down trend chart up shortly took on more ...

Natural gas is now currently at a strong support area that has provided very profitable buying opportunities. I will be looking for a strong bullish signal. Take profit at 2.99 - 3.0

up up and away wish I was here but shorted oil Monday

add in purple center gap trading area to the main up trend channel I'm still sitting on the side .. no position

Report appears to be positive Blue line shows support at 2.98-3.00 area as it has basically been here 9 times I'm out … don't to play on E.I.A report day also friday 6/22 is OPEC meeting things could flip in a second or two note : If NG1 fails inter day raising ….. low trend line is 2.92 - 2.91 this could set up chart like May7 area for 2x or 3x basing ...

for the high risk traders out there ng1 should open 2.90 - 2.91 there could be a ops open down to 2.88 - 2.89 area then up until 11am when EIA report is leaked (look out) stay focused your trade goal is red lines 2.95 - 2.97 SELL @UGAZ players target is to skim $3.00 on this idea

two day edge to edge of channel