Natural Gas Gold Silver DXY forecast- Natural Gas Natgas Stock in daily neutral trend
- Natural Gas Natgas needs a daily trend change to uptrend
- Next level for natural gas needs break above 2.86
Natural
Natural gas bullish rally...Every time when it touches it make new high..let see again this time.naturalgas, NG, natural gas
#NatGas UpdateUpon closer examination of the near-term wave subdivisions, I call back the statement that initial wave (a) of the remaining 2023 uptrend might be complete and replace it with a diagonal.
Again, I have to cautiously mention that such projections are very speculative at this stage. I shall be ready to alter my view at any point if I receive new information.
Natural Gas bullish move!Big move down today!
But! i still believe we have a potential huge upside.
We could go a little lower to a support level around 2.5~
but we should go up over the coming week(s).
I expect a target price around 2.7~ and after that, another move upwards towards 3~.
lets see what happens!
Good luck!
✅NATGAS BULLISH SETUP|LONG🚀
✅NATGAS is making a rebound
From the support level of 2.42
So I think that we will see
A further move up
LONG🚀
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E-cutieAll year EQT, an unloved natural gas producer has been a swing trader's paradise. I've harvested so many gains from these E-cutie trees I thought I'd make a thread just for it and post trading updates.
The macro technical picture is clear. Years of being battered by shorts ended with capitulation in 2020, followed by a swift rebound. Fundamentals are tightening. According to analysts, $25 is fair price for $2.50 NG price. Goldman Sachs has a $23ish target. Price action is showing signs of bottoming. It's lining up but this is much more profitable short term swings.
Currently, price is building a base at previous long term support around $18. More downside is certainly a possibility given that NG prices look overvalued. But, EQT is in a channel and fundamentally undervalued. Investors might front run this sector as demand picks up in later in the year, in which EQT will likely be closer to $25.
s3.tradingview.com
Long EQT
+200 @ 18.10
Natural gas bull move!Possible upwards move in Natural Gas as of tomorrow - when we get news about the gas storage.
Possible catalysts:
How weather both in Europe and in USA.
Good luck!
Natural Gas: Amazing Breakout!UNG & BOIL are looking poised to mive higher.
Energy trade is looking very optimistic from a technical standpoint.
This Bull flag target takes you to $3.25
NATTY developing a H&S We've seen NATTY with a similar but a larger set up prior to the huge bullish movement from 2020 to 2022.
I believe that we'll see a retest of the 2.400 area before making it's move higher.
Let me know what you think.
Natural Gas - BullishWith the current clima, demand for natural gas for AC-cooling, there is a good foundation for a bullish move in Natural Gas.
1. Lets see a move upwards to the 2.8
2. Maybe a slight pullback
3. And then the big move towards the 3-3.05 level
Also bakced by the fact that Buffet have bought into LNG so lets see if the trend can hold.
Good lucK!
Natural Gas - KeyLevels for next WeekIf you wanna take a trade on NATURAL GAS, maybe before that, you need to conisder this KeyLevels of support and resistance areas.
Careful with shorts until on daily is bullish / upptrend + August and september is coming , when de big companies refreshes their stocks for the winter
NatGas UpdateI believe the leading diagonal wave (a) has ended, and we are now in wave (b), which can take various forms (including the possibility that it has already ended). I suggested a few possible paths.
Once there is a pattern or a mature wave count in wave (b), I can make an assumption when exactly the next leg up will occur.
Natural Gas Critical LevelsNatural gas, which fell sharply from $ 6.5 to $2 is trying to recover again.
During this process, critical levels were determined. These levels appear at $2.10, $3.50 and $5.50.
As long as it does not fall below the $2.10 level, I can say that the $3.50 targeted buying opportunity in natural gas continues.
Where is NATTY going next?Huge sell of occurred after breaking it's previous support, turned resistance.
I'd be looking to buy of the resistance @ around 2.050 with the aim of it reaching the broken support.
If it finds resistance there then we might see a H&S pattern emerge which could be severely bloody.
With recession peaking over the corner, this could well play out.
Just my thoughts, not trading advice . Trade at your own risk. NATTY can be expensive .
Will WTI follow Natty into the basement? Is WTI going to suffer the same fate as Natural Gas ? Endearingly referred to as Natty ? Well the good ship Natty got REKT last week. The long side which was overcrowded, overleveraged caught the "to da moon" bagholders off guard . Stunned whilst spitting out the kool aid they were seen gasping for air when the dead cat bounce rocked the boat ., Natty was batterred and was last seen heading into shallow water dangerously close to the rocks . Choppy water ahead alert the marine units.
The setup on CL very same chart right before the dump so spread out grab your umbrellas !!!
The trade : Let price action have the final say on your entry get the best price you can very important! Patience pays when shorting! Monday may get some purchasing for the week early on so shorts may get pinched a bit before any ride either way. Wednesday the EIA inventory numbers are relesed at 10:30 EST. OPEC meeting also this week I believe so expect volatility. Sell 83.60 & higher use stops longer time frames target 59.50 might be best move of the year if it goes. Record or near record inventory build over the last month so stay tuned! Not a trade recommendation or a reccomendation to buy or sell securites of any kind.
NATURAL GAS POSSIBLE RALLYNatural gas is increasing in value due to several factors: the unprecedented wildfires in Canada that are ravaging the country and are disrupting the production throughout the province of Alberta; Reuters also reports that Russian pipeline exports had declined 11.4% this month compared to April’s average, putting an additional hold to the fuel supply.
The RSI is above 50. The MACD had broken above its zero level and had triggered signal for further potential gains.
If the current trend continues, the price might test resistance levels of 2.764, and if it gets broken, further target might be 2.931.
In the opposite scenario, the price might test its previous resistance at 2.025.
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NATURALGAS Long Natural gas is packed in a tight falling wedge pattern. It is at historic support too, going back to August of 2019. Another point worth mentioning is that the price of natural gas defended this support on February 22nd of this year and produced a >40% rally, peaking on March 3rd. Virtually every timescale from the minutes to the weekly show positive divergences and oversold readings. The targets for this trade are the gaps above, marked in purple. Use UNG or BOIL (x2) for this trade.
NATURAL GAS - Why I am Bullish - FULL SETUPWait for the small trend (blue line) to be broken upwards with confirmation of retest and rejection and from there you can enter LONG.
We have interesting news from SAPPORO, which announced today that they will reduce GAS production, but, a big BUT, they mentioned that they will temporarily stop investments in this sector.
On the one hand, this can scare small investors and the price can make a DUMP up to the 1.8 area and from there the accumulation and capitulation necessary to go up, or it can break this trend even on Monday and see the beginning of a BULLMARKET for gas.
Personally, I think we will see an increase.
But I have a BUY order at 1.80 ready so as not to miss the opportunity.
Natural gas - bottom callers will be dead before risingMajority of traders are loading up on their AMEX:BOIL longs and natural gas futures long positions.
This is why SSL will be grabbed first between $1.5 to $1.7 before price can increase.
Natural gas - bottom is not in yetIf you see the majority of traders saying that the bottom for natural gas is in, then you should be sure that it isn't.
I predict that natural gas will take out these equal lows at 1.91 and we will see 1.784 soon.
The uptrend will start when no one will be talking about it.
Unfortunately, the majority of traders are in long positions and due to market liquidity, these traders need to be taken out before the market makers and institutions will buy it up again.
LONG NATURAL GAS - TAKE PROFIT 2,310LONG TRADE ON NATURAL GAS / 15min Time Frame
The trade will be aviabale just now...
UNG - Natural Gas ETF - Potential Double Bottom Support PlayUNG (US Natural Gas ETF) has formed a double-bottom price pattern on the Daily chart.
The Price has found temporary support above $8.21.
Support Price Targets are: $8.21, $8.16, $7.72, $6.11.
Resistance Price Targets are: $8.99, $9.93, $10.97, $11.97.
UNG etf does not always correlate & follow technical analysis charts.
Be aware of global fundamental news changes regarding energy assets (government policies, corporate policies, supply & demand, etc).
