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Natural Gas Futures - Nov 14 (NGX4)

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3.662 -0.009    (-0.23%)
13:32:09 GMT - Real-time CFD Data. Currency in USD ( Disclaimer )
Type: Commodity
Group: Energy
Unit: 1 Mmbtu

  • Prev. Close: 3.670
  • Open: 3.673
  • Day's Range: 3.640 - 3.696
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Natural Gas 3.662 -0.009 (-0.23%)
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Latest Natural Gas Comments

Marty McFly
Marty McFly Oct 21, 2014 01:24PM GMT
Interesting how the 'expert's' language (support this, Fibonacci that, wave in and wave out) was adopted by the average Joe. Those 'experts' do it for a living and for not being able to get rich on their deep knowledge of the subject matter. How ironic is that?. As for NG, what is that support thing? Is that for real? Or is it the various events kill all joy in the self-proclaimed technical analysts? How naive of me to think NG price is simply driven by weather, reserve and perception and occasionally by some global economic tsunami.

Trade Experts
Trade Experts Oct 21, 2014 01:21PM GMT
short ng at 224 tgt 222 sl 225.3

Bernt  Grosse
Bernt Grosse Oct 21, 2014 12:57PM GMT
Thought of the Day. Outside markets have turned the corner on this correction in the marketplace and are set to rally today on exuberant news from Apple which is so widely held that it transcends borders. Is NG ready to join the party? IMHO market makers need to move us from the new $3.65 bottom with a view to the fact that Thursday could be bearish for NG and which could create an even lower support level. Hence I believe we will join the party over the next couple of days with NG moving higher. However the opposite will be in play if outside markets lure away funds from NG moving it lower. Then Thursday happens and the marketplace speaks. Caution is the key word of the day. Keep an eye on futures expiring soon and the volatility this creates for NG, which will make this Thursday especially volatile as both long and short positions bail out. FYI I am short to start the day with SL in place. Happy trading.
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