NATGAS 3.00 is key areaNatural Gas SPOT forum
NATGAS 3.00 is key area
NATURALGAS market maker, if you got the @@ try dump this below 2.975! I bet you’re a chicken 🐔
NATGAS high probability that NY is going to push this thing 180 degNATGAS wait for deeper pullback. im sure youll see price dropping around 2.95 again
NATGAS 100 ema on 1h has proven to be a good supp so far.. now testing to see if it breaks 100 ema on 4h. since the report is bullish i think it will likely test nasty 3.1 resistance next week. if it breaks then itll grab liquidity between 3.3 to 3.5 and then continue down. only sunday gap will be able to tell more for next week for sure.
XNGUSD Please share insights for next week. Will NG be going up strong or another week of small moves?
NATURALGAS anyone with ACTUAL knowledge and experience can tell me if this is going up? appreciate your insight
NATGAS Summer is near over.We're headed into injection season.
We've got near record Production.
There will be 2 export terminals shutting down for 3 week maintenance in September. Which will allow for much bigger injections.
We're also headed into Peak Hurricane season for the Gulf, where all the export terminals sit. The Hurricanes on the Models are showing all of them hitting either Florida or Louisiana.
There are some very big Hurricane's on the forecasts and models.
When they get close, looking for a 15% to 20% downside still.
However, there will be a very very strong case to buy in around end of September. Winter should be freezing, much like last year.
It'll be an incredible bull run, but not until we feel the forces of Nature and Injection season.
Projections still showing 4050bcf in Storage before winter, the most in over 30 years.
Winter can just wiped all that out, if it's as cold as the forecasts are showing.
My option, depending on the Hurricanes, we're headed to $2.5 or $2.2 worst case.
There after, we've got a lot of potential to run to $3.5 or $4 during winter.
NATGAS hasn't been down to test $2.5 yet. potentially more downside to come for mine. especially after that big money grab candle. who knows but really. I still work for wages and I don't listen to myself sometimes but just thought I'd share anyway haha
NATGAS Re-optimized HH/LL.
Target seems crazy. We'll see.
Entry: 3.07
SL: 2.95
Tgt: 3.37 (10% from Entry)
Disclaimer: don't risk real money.