Get started

GAS

Natural Gas Futures (Road Map)!!!🗺️What are Natural Gas Futures ❗️❓ Natural Gas Futures can be used for hedging or speculating and can be traded nearly 24 hours per day, 6 days per week. Trading Natural Gas Futures allows hedgers to manage risk within the highly volatile natural gas price, which is driven by weather-related demand. Natural Gas Futures is running in Heavy Resistance Zone & Important Trendlin & Resistance Line, and at the same time, it was able to pass the main wave 5 in this zone. So I expect Natural Gas Futures to go down to my🎯targets🎯 that I showed in my chart. Where can Natural Gas Futures go (🎯Targets🎯)❗️❓ Target🎯: 4.67$-4.55$ Target🎯: 2.98$-2.84$ Natural Gas Futures Analyze, Monthly Timeframe (Logscale). Also, we can see one of the valid candlestick reversal patterns (💫Shooting Star💫) at a weekly timeframe 👇 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
NYMEX:NG1!Short
by pejman_zwin
4
$NGAS - Is the Gas Crisis Over? (Short Trade)$NGAS - Is the Gas Crisis Over? (SHORT) With the Economy slowing, a variety of commodities are showing weakness, think about $OIL and $COPPER. $NGAS is still retesting this channel breakdown. I'm looking for shorts in this area as the potential rewards are huge. The war in Ukraine may be coming to an end, and this could have an impact on the price of natural gas. If the conflict ends, it may be possible to increase the supply of natural gas from Ukraine, which could lead to lower prices. Additionally, Europe already has enough natural gas to meet its needs for the entire winter, which could also help to keep prices down. However, it is important to remember that the price of natural gas is determined by many different factors, and it is impossible to predict with certainty how it will change in the future on a fundamental level. The charts look good.
FX:NGASShort
by CryptoBoj
HYUNDAI IS ALREADY CARRYING LNG, DO YOU KNOW ⁉️Ranks analytical crew welcomes everyone! Today we will analyze the shares of a curious subsidiary of the automaker Hyundai from South Korea. Hyundai Glovis Co Ltd (#GLOVS) – Ranks score - 94 % The company operates in 3 sectors: 🔘 Logistics (auto parts and industrial goods) 🔘 Ocean cargo transportation (auto and industrial goods) 🔘 Distribution (used cars and metals) Future businesses that the company plans to develop: 🔘 Smart logistics (using the Internet of Things) 🔘 Hydrogen business (logistics of hydrogen transportation) 🔘 Used electric car batteries (transportation and processing) Why is it interesting to Ranks analysts ❓ 🥇 The company is a major logistics operator of international cargo terminals + participates in the supply of liquefied natural gas (LNG) 🥈 The company has an outstanding financial position + it pays dividends 🥉 Valuation multipliers are very attractive + 94% of analysts recommend buying What are the risks ❓ ❌ The company reported worse than expected earnings in the 3rd quarter ❌ Global fuel cost growth limits profitability
KRX:086280Long
by Ranksworld
A glitch in the energy matrix?Something weird is bubbling in the energy space. Before we delve in, let us briefly explain what the S&P Energy Select Sector Index represents. Some of you might already be familiar with XLE, the ETF which tracks the S&P Energy Select Sector Index (IXE). This Index seeks to represent the Energy sector by aggregating a basket of names in the sector. A breakdown of the top 10 Index components shows the Oil & Gas majors taking up roughly 75.41% of the Index, and 91% of the total Index component being Oil & Gas exposure, while the other 9% being energy-related equipment and services. CME E-mini S&P Select Sector Futures, XAE, tracks the aforementioned energy index, with the added benefit of margin offset and deep liquidity. Now given that the S&P Energy Select Sector Index is made up of mostly big Oil & Gas names, we would expect some correlation between the prices of oil and the Index itself. A look at both from the depths of the low in March 2020 till now shows both products moving closely together up until recently, where zooming in we see… the glitch in the matrix.... The 2 have been trading generally in lockstep since the bottom in 2020, but have diverged in a peculiar fashion, since the middle of July, with the energy sector gaining roughly 28% since, while Oil tumbles close to 30%! Has the exuberance in energy stocks been overdone? In our opinion yes and we see a couple of headwinds for the Energy Sector in general: 1) The impressive rally from the depths of COVID has been driven by rising oil prices and share buybacks. Oil prices are now faltering, and tightening Financial conditions/Recession could slow or stop buybacks. 2) Political pressure to apply a ‘windfall tax’ on oil and gas companies could eat into energy companies’ earnings. 3) Stabilized tension from the Russian-Ukraine means lower uncertainty and pressure on oil prices, as supply and demand find equilibrium from alternative sources. 4) China’s continued zero COVID policy means low demand from the world’s largest importer. From a price action perspective, XAE is trading just slightly off the all-time high range, which could prove to be an area of resistance. All things considered, we think this presents an opportunity to trade this divergence either by; 1) Shorting the XAE outright, which means to take a directional view on the Energy Index. A riskier trade. 2) Pair the XAE with the Crude Oil contract, by shorting the XAE and taking a long on the Crude Oil contract. A more risk-controlled approach. Crude Oil Trades at a contract unit of 1000 barrels and the E-mini Energy Select Sector trades $100 x S&P Energy Select Sector Index. Each Index point is 100$ on the CME E-Mini Energy Select Sector Futures contract (XAE) and $1000 on the Crude Oil Futures. One way to construct this spread could be to calculate the contract value difference between the 2 products; Spread = 100 x XAE1! – 1000 x CL1! You can construct the chart on TradingView by typing the above into the product search bar. This will show the Chart of the spread between the 2 products, which is close to the all-time high now. As such we will lean on the short side of this spread, given the outperformance of the Energy Index relative to Crude Oil. We will also keep an eye on the upcoming OPEC meeting on December 4th to gauge the path forward for Oil Prices. The charts above were generated using CME’s Real-Time data available on TradingView. Inspirante Trading Solutions is subscribed to both TradingView Premium and CME Real-time Market Data which allows us to identify trading set-ups in real-time and express our market opinions. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A full version of the disclaimer is available in our profile description. Sources: www.cmegroup.com www.cmegroup.com www.cmegroup.com www.ssga.com oilprice.com
Editors' picks
XShort
by inspirante
18
oil 11-24 update.good evening, --- remember in my last oil post when i called the top? there was some really salty humans in the comment section who were most likely bag holders from the absolute peak of the bull run. this is an update for them. --- last post: --- i feel like oil has entered into a quatervois here, which is basically "crossroad" in french. currently seeing two potential trajectories: 1. -oil runs up to 100ish through an expanded flat (green targets most probable, grey are weak, and red is unlikely, but always possible). -after which, a swift downturn to my $57 target from the original post. 2. -oil simply see's a dead-cat bounce, creates another hidden bearish divergence, and rolls over yet again - continuing it's bearish trajectory to my original target. --- all paths lead down there, potentially even deeper - but the question as always is: which path's it gonna take? ps. no offense to all the people who talk smack on my posts, you're always welcome if you have a proper argument. just keep in mind, "fundamentals, is not a proper argument".
OANDA:WTICOUSD
by Eloquent
2
NGAS BULLISH OUTLOOKNGAS prices started rising on Monday after a cold wave engulfed the European continent, testing its ability to coupe with the cold weather without its main natural gas supplier Russia. The instrument broke the resistance levels of the triangle chart pattern entering into a bullish movement. RSI indicator is above the 50 neutral line and MACD histogram is above 0, both confirming the potential bullish movement. If the trend continues the price might try to test levels of 7.649 In the opposite scenario, the price might try its previous support of 6.554 Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
BLACKBULL:NGAS.FLong
by legacyFXofficial
The reasons why going long oil is the best trade you can take!In my opinion, the global energy crisis isn't over; hence there are many reasons why being bullish on oil makes sense, and in this idea, I will try to analyze most of them one by one. First of all situation between Russia-Ukraine doesn't look any good, and it also heavily affects Europe, which is essentially directly involved in this war. Currently, gas from Russia to Europe is lost and can't be replaced because Russia has cut flows while someone sabotaged the gas pipelines. At the same time, Europe is about to ban Russian oil from being sold to Europe while also trying to apply price caps on oil and natural gas. All these essentially increase the oil demand (to replace natural gas) while also decreasing production in case Russia cannot sell that oil to somebody else. As if these aren't enough, as many foreign oil companies managing the production have left Russia, its oil production could drop even more as they don't have the knowledge and ability to control the oil fields themselves. The oil prices remain under control simply because the US keeps releasing oil from its SPR while China keeps pursuing its zero Covid policies. The US eventually will have to stop releasing oil from its SPR because the SPR was created for an emergency, not to keep prices low to buy votes. Not only will the US have to stop emptying its SPR, but it will also have to refill it. Also, China will eventually realize its futile attempt to contain omicron and stop its lockdowns. Essentially just the combination of the two would be an incredibly bullish development for the price of oil, as a lot of supply would come off the market. At the same time, demand will increase massively as Chinese citizens want to travel and consume more. Unfortunately, the US and the world are pursuing catastrophic policies regarding the energy sector instead of pushing investments into it. The windfall taxes on the energy companies will discourage investors from putting money in while starving companies of cash they could have used to invest in more energy production. At the same time, many rules against the extraction of fossil fuels and nuclear energy production are making things even worse. As if these haven't been enough, the US is also talking about an export ban, which, if implemented, would have catastrophic consequences for the world and the US. It would create a massive imbalance in the oil market, which would already have severe issues due to the European embargo on Russian oil. Recently OPEC+ announced oil production cuts, and the tensions between the US and Saudi Arabia have increased significantly. While the US refuses to increase its oil output, OPEC+ cut production by 2 million barrels daily. However, here is the thing... OPEC+ agreed to reduce output that it was not achieving. The truth is that OPEC+ has reached its production limits, and most countries are failing to meet their quotas. There is no spare capacity, and it is tough for them to increase their output. Essentially the cut so far was mostly an admission that they can't produce more. Saudi Arabia and OPEC+ want to keep the price of oil around 80$ and are ready to cut production to counteract the Fed's actions to reduce demand by hiking interest rates. There is an ongoing war been energy producers and Central banks, and the more central banks hike interest rates, the more energy producers will have to cut. Of course, with all the rate hikes and the global economy in a silent depression, we are slowly moving into a brutal recession in the next 6-12 months, which could knock oil prices much lower for a while. However, as central banks are already being forced to pivot, dumping reserves and resuming QE, we could see them and governments trying to stimulate an energy shortage, which could increase oil prices. Finally, the US has talked about refilling its SPR when prices are below 60-80$, while the Saudis talked about cutting production if the prices are below 80$. This means that the price area between 50$ and 80$ is worth going long, as the US and OPEC+ are creating a price floor by reducing supply and increasing demand. So what's the trade? Accumulate oil in the 50-90 area. No stops. Target 250-300$. Time horizon - 2 years.
Editors' picks
NYMEX:CL1!Long
by BitcoinMacro
24
$USOIL $97 short-term target 👁‍🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Hello fellow traders and investors! My team isn't expecting oil/gas demand to slow down anytime soon. A long-term target of $132 and beyond is on the horizon. Ever since the war in Ukraine began the Biden administration has been trying their hardest to keep prices down by releasing war-time oil reserves periodically. This is a temporary solution, and my team believes that it will eventually lead to a blow off top. Raising interest rates seems to be the feds only solution to combating the situation, yet it has become evidently clear that they have no idea what to do and whether or not this will actually solve the issue. These are just our thoughts surrounding the situation and things could change quickly with the emergence of new information. We hope that this helps! !! This chart analysis is for reference purposes only !! If you want to see more, please like and follow us @SimplyShowMeTheMoney
TVC:USOILLong
by SimplyShowMeTheMoney
XNGUSD - NGAS NEXT WEEK MOVEGas this week had a strong bullish movement, and I expect it to complete this movement next week, with a correction that may target 6.40 levels, from which it may launch towards 7.0 levels.The gas has been in an ascending channel for 11 days, but will it breach it and rise towards the 7.0 levels? We wait next week to see what it has in store. 🔥💥 Like, Shared and subscription 💥🔥 Note: If you are a beginner trader, you should be aware of these rules: 1: Do not covet 2: Don't trade too much 3: Secure your positions after entering the profit 4: Enter contracts that fit your portfolio 5: Adhere to all recommendations
FXOPEN:XNGUSDLong
by zaidhatem