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Natural Gas Futures - Dec 24 (NGc7)

CME
Currency in USD
Disclaimer
3.49
-0.03(-0.94%)
Delayed Data

Natural Gas Futures Discussions

Tell me it will go down please....
Gamblers man ..this site is rife with them 🤢
we told you yesterday 👿... you won't win every day... it's Haram 🤣🤣🤣... today you should lose some
If it spike above 2.30, it will good opportunity to short. But don't be greedy cover back around 2.17
Finally a breakout ? let's see !!
noo
looool
He might have gotten this wrong but theres huge potential in bull rush ..i think youre a good trader mate inlook forward to sharing ideas with you 👍
mc bulls
210.239..tgt
seeing a 15 min candle pennant nearing completion. possible breakout ... thoughts
For political reason, we spike will not go too far until we start seeing withdrawal
The report was 7 bcf higher than last year with production 2.2 less than a year ago. This data although old, certainly proves that production cuts are not reducing the surplus. It matters not what the market expects for a dated storage report. That is old news and the projections moving forward show that the +650 surplus will not decrease for the duration of the June contract. +650 bcf surplus is projected to be the same on June 7 almost a week after this contract expires. It will take months for Freeport or any other so called bullish factors to even dent the surplus. Oversupply equals low prices and when coupled with contango, it is going to create a long squeeze. Buying based on Freeport increases coupled with a report that is 1.5 weeks old is playing right into commercials hands. They will suck your liquidity and end up squeezing the longs worse than the shorts were squeezed. This contract will be a graphed parabola where both the shorts and longs are squeezed for maximum profit to the commercials. They cannot make money at these prices so they will certainly use this financial instrument to create the profits. At the end of the contract they will suck the liquidity to buy their shorts back at record low prices. They know not what they do....This market is oversupplied. I will not buy a single contract until I cover my shorts, only when commercial short covering occurs at the end of this contract.
very likely go down
any prediction for the close today
2.295
2.7
now only for sell
New abu id???
whos coming to the luncheon?
2.32 next resistance
last spike ...run 😮
US natural gas futures surged over 5% to surpass $2.3/MMBtu on Thursday, marking their highest level in almost four months. This rally was fueled by a smaller-than-expected storage build, heightening anticipation for robust demand in the forthcoming fortnight alongside a decline in production. US utilities added 79 billion cubic feet (bcf) of gas into storage last week, compared with market expectations of an 87 bcf increase. Simultaneously, output has declined by approximately 2.3 billion cubic feet per day over the past six days, reaching a preliminary 16-week low of 95.5 bcfd on Thursday. Coinciding with this, gas flows to LNG export plant in Freeport is anticipated to reach a 16-week peak of 1.7 bcfd, a significant increase from the 1.3 bcfd average of the past week and the 0.4 bcfd recorded in April.
buy premium
closing above 2.35, buy every Dip , NG target is 2.5 ,2.8,3$ , 2.3 has done today
now again in favor of bulls
Not there just yet mate ..coin flip territory 👍
3 months of gains gone :D
should I cut it and go long ?
Close it me thinks oh I dunno.
tell me you dont make money without actually telling me you dont make money!!! 🤣🤣🤣
Time to add longs
-29000k
keep winning keep holding
Move above 2.28 invalidates bearishness
- 15k runnung negative tctct
Wait
Employment level is quite hot, that is why the fed is having hard time to lower interest rates. Investors should expect rates on hold for long time
mc bulls
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