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Natural Gas Seems Ready To Define Final Move

BySatendra Singh
Published 08/21/2017, 12:59 PM
Updated 07/09/2023, 06:31 AM

Natural Gas futures seem "To Be" in a "Bear Trapping Zone." Bears are waiting to sell every rally above $3 as Bulls will not spare even a single Bear during the week.

Based on the movement in the same trading zone which I noted in "Natural Gas: Dilemma Still Persists, I received a lot of criticism but who preferred "To Be" with my prefered zone, would definitely be feeling happy.

On analysis of the movement of Natural Gas futures price in the same 4 Hr. Chart on August 21, 2017 at 12:50:00, I conclude that movement is evident enough to prove the strength of the Bulls and will definitely break all the "Bulls Trapping Zones" very soon.

Natural Gas

Disclosure: This content is for information and educational purposes only and should not be considered investment advice or an investment recommendation. Past performance is not an indication of future results. All trading carries risk. Only risk capital you are prepared to lose.

Latest comments

Welcome back on natural gas Sir!
SS: I don't get it:. 1. You keep saying that you appreciate "anti-thesis" but become angry if someone disagrees!. 2. Someone says "wrong again" - you say it's filthy language (foul). 3. You have been terribly wrong for the last 3 months and when people disagree - you call them: "fake id" or put you didn't have profile picture etc.. 4, Of course, we appreciate your hard work and Bold predictions (though those are wrong majority of the time!).. Don't get offended, keep posting and let the reader make the investment choices, Thanks
Agreed. 4H has proven extremely reliable for TA - MACD and STOCH/RSI backtested tell the story.
Dear Mr. Harmonics thanks for your kind support. I  have full faith and believe in all contemporary methodologies for chart analysis but simultaneously I believe in developing new methodologies and testing their reliability and perfection.
Dear Mr.Singh,  Once again thank you for your efforts. I find your work valuable. Nat Gas is a volatile product. Not for amateurs. I would suggest to people who have problems with your analysis that they move on and seek another information source. Other than that please continue your efforts. There are some like me who appreciate a medium to long term perspective, which in addition to your sort term thoughts, has been available. IMHO this product is tracing out a significant bottom. but I don't think we're there yet. My view is to be long, but be willing to trade the range as long as it exists. I'll leave the levels out of this. I suspect you know them better than I do.  I do think. however, that a move above or below said levels will call the tune for the next 6 to 12 months. "You pay your money, you take your chances. I lean travelling long. We'll see.
Dear Mr. Anderson thanks a lot for your valuable comments. You are absolutely right. Everyone has to decide his of her path and how long he would like to move. And specially the comfortable zone when he finds the things have been settled to lift them and move and where to drop them and sit patiently for some time. My Best Wishes are always with all the readers like you.
to be 3 plus
Dear Mr. Salami thanks for sharing your comments. You know that the Natural Gas is one of the most liquid commodity while it is traded. All the fundamental and technical equation proves wrong when all of a sudden an Hurricane gets diversion due to new developments in atmospheric pressure and various other reasons. But, I think till the moment all the technical indicators and as well as the atmospheric indicators are in favor of a strong up move.
 agree thanks for you comments. Salami
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