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Natural Gas - Cash

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rojara
NATURALGAS something going on Natty plan to fly next 2 to 3 months. No possible to get this price again next 4 months Nymex 3.210 something Something. This my opinion only if anyone check long term chart and confirm. Price upmove to 4.9 bottom trend line afterthat 2.8x now moved to 3.8 again back to bottom up move trend line 3.10 and went to 3.5 again return back 3.210 so Just visiting trend line broken near place.all nymex price.

If request that chart pls share any email to my private message. I will share that chart.

If price will touch again 3.2 nymex invalid my chart.
mupaul17
NATURALGAS its testing Wednesdays high $3.78. if it breaks then $4.2 is the next stop but I think it will revisit 3.0 in next couple of weeks
mupaul17
NATURALGAS its definitely a short market coming ahead but will there be a stop hunt around yesterdays high? grab top side liq around 3.75 then go down? current price hovering at a demand zone
chriskokal1
NATURALGAS In a retracement from the recent uptrend, currently retail is buying and institutions are selling based on the Koncorde 2.0 which estimates retail vs institutional trader using negative and positive volume indexs.
The report later may prove to be a catalyst, but I am mostly looking for a buy the dip oportunity once the retail is out and if the smart money enters the market.
The area between 3.65-3.55 might be a support so will be monitoring for bullish divergence with increasing volume from this area to enter long.
Otherwise, I will wait for the next session, re-evaluate the trend and bias for the next day.
Good luck everyone!
PS: Might need to wait for that report
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