Natural gas has formed structure alike his own model 99-01 years.
So i added it with the slightly different time offset.
Also we gain big cycle end and the minimum(which in 1.8-2.1 range) by the march-may of 2023 (started in February 16).
Maybe i'll add in comments big picture with the cycles overview as i see it.
i have this shit circles(H&S) on my chart since a wile, yesterday i set a sell order at 5.55, and 10 min later i canceled it because of lack of confidence. i think ti will retrace to 5.46, but at this point it's just too risky entering, the perfect entry was yesterday.
will look for buy opportunities AFTER the bounce, could find floor at 4.80ish
Hi,
Natural gas next month contract future price range going steady, and also parallel move..
May be next day will be the same price range .. 2 to 3 percentage..
I think good time for Buy...
Natural gas reached 3.295 today, upped 19% in a month. It just the beginning of October, the weather is going mild in the next two or three weeks. So we will probably have another two or three weeks injections before the real winter coming. So i think it's still too early to chase that high, and the bulls are facing extremely high risk. Technically, we have...
With consistence demand and winter approaching it seems NG1! is about to make it moves. Make sure you are on right side of NG1! Chart is just an idea. Let's see where it goes.
WARNING: Tomorrow is a massively important day for short holders. Firstly it is important to note that there is very big spread between December ($3.066) and current contracts. Furthermore, tomorrow invontory data is released. If you see December contracts gapping down tomorrow that is a very bearish sign and could indicate that there is a short opportunity...
