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Natural Gas - Cash

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NATURALGAS Ukraine made a deal to import more USgas to cover for winter this has just gotten more bullish


NGAS GFS E. lost 13.5 HDDs, 55.5 HDDs lower than average. ECMWF E. lost 6 HDDs, 57.5 HDDs lower than average. We still have 12z run today pending

I don’t see a gap up. Probably a bit down

From this week we will have somewhat accurate December first week weather forecast coming on & since we are trading December contact expect a bit volatility


NATGAS Is the bull still thinks it will go above $5?

NATURALGAS Seasonality shows bearish December on average and bullish November, since the peak of November hasn't been reached yet, for sustained shorts we need to see the peak for November (which might extend into December) which hasn't occurred yet.
Snapshot

NATURALGAS still bullish 1w, 1d, 4h without bearish divergence in sight for 1w or 1d, and bearish divergence for 4h and 1h indicating minor pullbacks at this stage. All resistances from 1d are broken and price is heading towards the supply zone of 1w 4.95-5.85 after confirming yet another support at 4.52 (4h uptrend and dynamic key level) right above the bullish orderblock 4.28-4.43. FVZO momentum is bullish across the major timeframes as well so any divergences could be treated as minor corrections for an intraday very short scalp. At this point to enter short I need to see confirmed bearish divergence at 1d or 1w. Otherwise, buying the dips at 4h and 1h with bullish divergence is still feasible since the uptrend structure is intact.
Good luck everyone!
Snapshot

NATURALGAS US Market should start falling from 5 heading toward 3.8 by the end of the week
Snapshot

NATURALGAS sellers get happy when they see red candle in 4 hours but they never watch 1 day 1 week 1 month thats where they loose money...it's Harsh but a fact if any one needs clarification just watch daily weekly and monthly candle of NG

NATURALGAS I love you NG. Keep squatting on the haters. 10$ gas sounds good to me. Before all this when NG wasnt up 91% since september i had said "Gas is the new gold" and some fools on here were laughing at me.

Need a correction for real though. Lol