Natural Gas Futures NYMEX:​NG1!

Natural Gas has given back most of the gains achieved since the November 5 non-technical super aggressive rise, and it is only natural to assume that the downside gap will be closed completely. Our sell targets are therefore 3.440 and 3.315. If those are filled then the 1D chart may complete a Head and Shoulders pattern by trading sideways within the 3.110 - 3.357 ...

We have a trending line support/resistance.... 17 december we'll see breakout or rebound

Showing good opportunity in the first support for a long, keep eyes close with small stop loss just in case falls on second support and goes for the long run. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any ...

A retest of resistance/ support may happen tomorrow. Would not surprise me. Tomorrow should be interesting. Nice to see some life in the NG. :-)

Entering break out area, gap at 3.33 $NG_F

Natural Gas Daily I am watching for two potential patterns. The first (and the one I am not leaning in favor of) is a triangle pattern. If that is the case then we should break out next week. However, I am more inclined to believe that we are starting a drop into a minor C wave down to complete the flag pattern by mid December. Then one last strong push up to ...

going south looks like 3.60 is next

The price has been trading within a 1D Triangle (STOCH = 54.147, CCI = -6.0758, Highs/Lows = 0.0000, Ultimate Oscillator = 50.527) since the mid November peak. This has now created the perfect break out set up to trade. Whichever level breaks first (4.807 Resistance or 3.993 Support) will indicate the long term direction (long/ short respectively). Based on how ...

RSI divergence, triangle breakout.

This market is only for a view investors, but really not recommended for retail traders with pockets smaller then a couple Millions. As for the chart analysis on the weekly timeframe, we see that price had blown through the confluence point and through a couple resistance ranges. The target is the white centerline. A potential pullback to the prior resistance is ...

If this low gets taken out, I expect a flurry of selling to take us lower. Good risk return setup.

wow ..added the green lines as they happened daily

What happened? Bulls were able to hold 4.2, now we see a much healthier daily convergence. 1/5 T UP followed by 4/5 T DOWN since the first impulse. 7 week aggregated future volume is centered at 4.8, and 13% heavier above. Next? Another week of consolidation Trade on triangular linear bound Mid-term pivot still eyes on 3.8, 74% Trading emotionless, ...

NG1! still trade within pennant formation on Daily chart. Idea is to LONG within green support & short at purple resistance line. Look out support and resistance area for next potential entry. As for now, we remain long within this price formation with tight stop loss and limited take profit area to scalp.

Range Bound or ready to explode and break out? Tiss the season to short NG. Always ahead of the schedule n this is typically when NG falls. Does it this yr? I think so myself.

- It might take one to two years to complete this movement. - The reason I analyze neutral gas is to give hedge and industrial managers a hint or at least my personal view on the commodity. - This also might gives us a hint about the oil prices and companies that are affected by them.

nat gas bull pennat tgt 5.8

Wait patiently for a short signal, after the short signal appears, then short.