MCX:NATURALGAS1! Natural Gas is so far down/ head and shoulders
Hello,Traders! NATGAS is trading in a Downtrend and keeps falling After the breakout of the Key level just as I predicted So the next goal is the Strong support below at: 2.33$ and the key resistance Is at: 3.445$ Like, comment and subscribe to boost your trading! See other ideas below too!
Following seven weeks of relentless selling, Natural Gas has entered extreme oversold conditions on Weekly Charts and either from current lows or a bit lower $2.60 and $2.35, an imminent rebound is very likely to test $3.00 and $3.275 resistance zone. If buying momentum strengthens above initial resistance zone of $3.00 and $3.275 our next upside Target cum...
There is a bullish activity in ETF option markets linked to Futures of GAS, ProShares Ultra Bloomberg Natural Gas (BOIL) and United States Natural Gas Fund, LP (UNG), source: @MC_OptionTrades. Inventories are decreasing (source: EIA) Trend follows bearish but we shall pay attention
Bullish pattern on the 1-5 min but careful for taking longs because the market still is in a downtrend looking weak with weak earnings especially top-line
NYMEX:NG1! AMEX:UNG $UNG $BOIL $NG1 demark.com
My previous call on natural gas made Sept. 19 has come to fruition, achieving all three targets, and in a shorter than expected period of time: Natural Gas / NG - It's Officially a Bear. Now, Hold My Beer The question I've asked myself for the last few days is simply: Now that the June lows have been taken out, is it time for a reversal? And frankly, I...
Hello,Traders! NATGAS is trading in a Downtrend and keeps falling After the breakout of the Key level just as I predicted So the next goal is the Strong support below at: 2.33$ and the key resistance Is at: 3.445$ Like, comment and subscribe to boost your trading! See other ideas below too!
Bearish pressure is expected to persist in the coming days or week due to increased natural gas production following a June explosion that shut down a Texas LNG facility. The facility is expected to take at least two weeks to become operational again, but bullish pressure may return once it does as well as if winter conditions return in late January or early...
As I mentioned in my post, 2 posts ago, I expect price to settle around 3. We had a little spike up in price but then it came right back down and now is under 3.2 So I will be watching closely to get in at 3.2, preferably lower if price goes lower. Every 100 points I will move my Buy Order lower to keep in step with the price lowering. Currently I'm in for a...
1.24.23 Bobby, listen to this video at least twice. Replicate the chart. Spend some time on the thinking associated with this market.... natural Gas. It's not easy finding this kind of analysis. Your risk Is that you spend a few hours... and then you can decide that the thinking behind it doesn't resonate for you . But listen to it first and replicate the...
1.23.23 I made a mistake near the end of the previous video.. Apparently Did not move on today's open. Until it gets higher. This is A little peculiar to be honest. The video shows the Gap that has not been Tested... so there is a good chance that the market will move higher without breaking below the green support line. This is no big deal, however the...
1.23.23 I looked at the two markets that I talked about earlier this morning. This video is all about gaps. You should listen carefully. There were a couple of minor Mistakes that I made..... not really significant. However there was a mistake it should be corrected: At the end of the video I made a statement that the current price had closed the gap on the...
Well, looks like the big boys gapped the price up from the weekend and away we go. Will price stay up this week or fall back down to the 3-3.2 level....good question. Colder weather? War? Trade safe and keep an eye on your trades...price action can change at any time. Heiko
1.23.23 On Friday natural gas came to support area, but there was no sign of buyers until today when the market made a small gap higher. This is what would trigger a buy signal with a small stop. If we get stopped out, there may be another chance to look for buyers.
In our previous article, we discussed impulsive wave C and its continuation. On 20 January 2023 , Price achieved our all given targets. Click here - ----------------------------------------------------- Timeframe : MCX Natural gas has accomplished the corrective wave B and started falling for impulsive wave C. Price has given a reversal from previous wave C,...
Natural gas gapped up significantly and Crude oil touched the top of a triangle and subsequently traded a 15 minute 50% Fibonacci. Trade these things down and and use the highs of the Asian session as stop losses.