NGAS For the TLDR crowd:1. We forecast natural gas inventories will close the injection season 3% below 🔽 the five-year average.
2. We expect the Henry Hub spot price to average $4.10/MMBtu in 2025 and $4.80/MMBtu in 2026
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NGAS For the TLDR crowd:1. We forecast natural gas inventories will close the injection season 3% below 🔽 the five-year average.
2. We expect the Henry Hub spot price to average $4.10/MMBtu in 2025 and $4.80/MMBtu in 2026
NGAS Do i need to spell it out for you. Because there are a lot of letters below. Or maybe the EIA outlook is inconvenient, and you'd prefer to just follow tradingview self-professed experts?Release Date: May 6, 2025
Despite the strong storage injections the past two months, we now forecast less natural gas than is typical will be put into storage over the rest of the injection season, which ends on October 31.
We forecast natural gas inventories will close the injection season 3% below the five-year average. We expect about 3,670 Bcf in storage at the end of October, compared with our January STEO forecast of about 3,720 Bcf.
With less natural gas in inventory, we now expect higher natural gas prices during the forecast period than we did in our January STEO, the first STEO to include forecasts for 2026. We expect the Henry Hub spot price to average $4.10/MMBtu in 2025 and $4.80/MMBtu in 2026
USDNTG Le NG : - I Don't care about fundamental, Weather & EIA report whatever is coming. My trend is upside only.🤣😂
NATURALGAS what would be the next move
today is volatile day with FOMC minutes and rate cut in prospect, as well last night news about planning weekend meeting between China and USA representative to discuss trade deals. I guess it moves on those news. Not much of prospect for NAT gas from deals. Even though china stopped all imports they imports were very very small, and should not have any effect on USA exports.
Nevertheless, NAT Gas now in golden pivot point on fib, which has bottom area at 3.67 soon to be reached with 200 MA on 30 min. and top level of 4.15.
Trend so far on 30 Min looks bullish but still weak. It might go to 4.15 after retesting 200 MA, most likely this scenario.
Another option it will beak 200MA on 30 min and will start move down to 3.28. less likely in my opinion, by looking at tech and news info.
nevertheless consolidation for know and revisit of 3.68 area for final trend decision.
Nevertheless, NAT Gas now in golden pivot point on fib, which has bottom area at 3.67 soon to be reached with 200 MA on 30 min. and top level of 4.15.
Trend so far on 30 Min looks bullish but still weak. It might go to 4.15 after retesting 200 MA, most likely this scenario.
Another option it will beak 200MA on 30 min and will start move down to 3.28. less likely in my opinion, by looking at tech and news info.
nevertheless consolidation for know and revisit of 3.68 area for final trend decision.
NATURALGAS The recovery from yesterday selling is too fast for me to like. It may indicate the returm of volatility, but it still remain bullish short term, and the EIA report is tomorrow.
NGAS time to dump boys & girls, have fun!NGAS Looks bullish. Still holding that inverse correlation with oil.
NATURALGAS just follow the trend keep it simple
NATURALGAS 5 charts, 10 trends... for extreme puzzle solvers w, d, 4h, 1h, 15m