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Natural Gas: Bears Trapping Zone

Published 10/02/2017, 02:03 PM
Updated 07/09/2023, 06:31 AM

The sudden move down in natural gas futures seems to be an attempt to trap bears, which will have to run quickly up to escape this trapping zone. Otherwise, they should expect a blood bath ahead. If I am right, the impending inventory will provide enough strength to bulls.

4-Hour Natural Gas

4-Hour Natural Gas

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Latest comments

2.886, definitely bear trap LOL GREAT
Thanks Mr Singh ! While the actual price movements have turned out to be different from your analysis so far this week, we hope the general direction in where the prices are headed to is still in favour of bulls! Hoping for a turn around soon !
Dear Mr. Natty, thanks a lot for your valuable comments. Hope for the best. My best wishes are always with you.
Definitely no reason for so much bearish activity. In line with 5 year average and expecting cold to colder than normal winter. Thanks for the article
he is correct.....................storage goin under 5  average  and winter will be cold 3.4 for now  good job Sir
So bullish going down 3-4% for bear trap! Funny
Have you ever been correct?
Dear Mr. nyk nyk, thanks a lot for your valuable comments. Has the Natural Gas futures price ever been correct?  Just try to think about my question, you would definitely get answer of what you want to ask for. Good Luck and best wishes to you.
Nice call! Thank you,
Dear Mr. Suren thanks a lot for your kind regard. My best wishes are always with you. Good Luck!
Mr. Singh, thanks for you contribution and analysis. I agree and have been accumulating. I have one question regarding your analyses. Do you also look at volumes traded?
Dear Mr. Hich thanks a lot for your valuable comments.Yes, I take care about each and every aspect before writing an analysis.
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