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Natural Gas: Last Stretch Of Winter

BySatendra Singh
Published 03/16/2021, 10:06 AM
Updated 07/09/2023, 06:31 AM

Movements of natural gas futures in different time frames on Mar. 16, 2021 make it evident enough for natural gas futures to take an upward move from the oversold territory while the last stretch of winter is still pending to show its strength on the weather conditions. Perhaps a sudden turn in weather conditions could turn the whole situation in favor of natural gas bulls.

I find that the bulls look ready to enter skippingly at this point with the upcoming forceful impact of the last stretch of wither shortly. Let us check this entry point and the targets for bulls; trying to accumulate longs at this point. Upcoming inventory announcement could also be supportive for bulls during this week.

I find that the formations amid an uptrend channel since June 2020 look evident enough for an eruptive move in natural gas futures from this point that could enforce bulls to test the level of $3 during this last stretch of winters.

Natural Gas Futures - Daily Chart

Natural Gas Futures - 4 Hr. Chart

Natural Gas Futures - 1 Hr. Chart

Natural Gas Futures 15 Minutes Chart

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Latest comments

Wasn't sure if I will see $2 and below. But I am confident it will in no time. Thanks Singh.. keep up the good work.
when the hot dog vendor is bullish you need to short both hands, he been bullish simce mid 3s and doesnt alter his view, hot dogs are better grilled then in dirty water
I am rooting for you though bro , for you to lose your worse analyst rating record to hit $2.65
the guy is the best fade ever
omg ,, how are you still employed
This guy is the reverse of actual market, he called for 3.00 when price was at 2.78, few guys on the forum lost their house because of him...
I did not lose my house - I was just kidding! Nice of you to pay attention though ❤️ and this guy.... Singh me the blues... 🤦‍♀️
I know the shorts paid you to write this but fortunately for you , your broken clock will take this to $2.65 not $3
Nobody will pay this non-credible joker !! Would anybody like to do business with this "always wrong crayon artist"?
Ng going down until 1 ***
Every body short right now!!
Would be nice to see $3 again
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