CFDs on Natural Gas forum
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NATURALGAS price bounced up today from 3.38 which was support at the 4h chart. Currently we have bullish momentum upwards, with price appearing bullish again across timeframes and with the recent dip most likely being a higher low from the uptrend of 4h chart. I am now looking forward to potentially buy the bounce after pullback if price reaches near 3.50-3.55 which is broken resistance and likely to be retested as support.
NATURALGAS Got only a pathetic slice of this long. As always, I close too early. What do we say, short entry overnight?
NATGASUSD how annoyed am I....my bias was long after a pullback however the pullback was more like a reversal on Friday. I swear I will get this right one day.
any thoughts on new highs?
XNGUSD back to 3.8
NATGAS There is gap on 17-Jan to 18-Jan. This would get filled before price dropping back. Daily MACD is down which is our Tide and 4hr Wave. If we get Bearish weapon on Hourly post the gap filling, we can short till 3.6 (Support)
NATURALGAS This is temporary NG will go more downside...
NATURALGAS its on the trendline
NATGAS Watch out Production just tanked to 98bcf. Down from 102.5bcf yesterday and 103.5bcf the day before.
Exports also dropped significantly to 15.1bcf, but still pretty good.
Demand including exports today is 170bcf.