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Natural Gas: Trapped Bears Are About To Run

BySatendra Singh
Published 11/23/2017, 09:20 AM
Updated 07/09/2023, 06:31 AM

On analysis of the Natural Gas futures price movement in the same chart pattern which I noted in my last analysis on November 23rd, 2017 at 09:10:00, I find the Natural Gas bears are trapped well in the “Bear Trapping Zone” in a thickly populous strong room, in which they have already trapped themselves due to their growing greed.

I find the trapped bears are feeling too hapless to find even a breathing hole; and which is only to climb-up on each other to create a ladder to reach up to ventilation hole in the roof of this trapping room. And, finally a formation of a short-covering rally will only be an option for them.

I am feeling the thick presence of well equipped bulls, ready to thrash the retreating bears only through the roof-ventilation.

Natural Gas futures price Daily Chart

Natural Gas futures price 4 Hr. Chart

Natural Gas futures price 1 Hr. Chart

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

Latest comments

It's really shocking the way you predict movement of any commodities. It's always reverse what you predicted
I think bulls are trapped like me loss major money hope it pulls out Monday these charts didn't take into consideration the weather
What makes this fellow to make this type of observations
It would be nice if you are right for once
This guy better be right, that's all I have to say. He's either a god or a fraud...
I think this expert got it wrong. It has been all about trapped bulls.
Those poor trapped Bears! Smothered in money. NG down 5%
Hee hee..look thw figures..even god cannot predicy
Well done satendra....u r analysis will be correct in coming weeks
The price is trapped.. lol
Thank you for the input. You will be proven right on this. We'll see where things are this time next week.
A bit offensive and too subjective. No plausible quants
In my view there is also lot of clutter on chart , too many unnecessary lines and graphic for the analysis . It could mean anything and everything . It just reminds me of first years of trading , just to realize clean chart with minimum indicators are more useful and meaningful . If you showed the line that matters that time then I might be able understand the decision  when you post the chart . I am 100% technical trader and appreciate  technical chart. Current month futures chart  looks very different .
Satendra, I do not understand why you are not using futures chart to do the analysis . I think your analysis would turn out to be more accurate if you only were to use proper chart . The  past data on your chart is so much off to  draw accurate decision points . One should also be aware of  that analysis  must be done on the instrument that the price is derived from and not the  derivative chart itself unless intra day trading analysis . If you look at  Futures chart then you would see the difference . I am sure there will be tremendous improvement in accuracy . I hope you take this as constructive criticism.
There is many thoughts and feeling on the price range.  And there is the " WALL STREET JOURNAL" on 11/20/17 reporting a  glut, future flaring of Nat/gas and the capping of wells, to stop the price from going any further to the $2.00 - $2.50 range.. . Hey!  They want the oil, the gas is a by/product.  So let it go to the Ozone. I doubt  they will shut down their wells.. . You can't stop greed.  I would think cheap Nat/gas would fire-up usage.  . . But,  there is the pipelines that nobody wants in there backyard, that will supply them the usage.. . LET THEM EAT CAKE!
Warm weather forecast trashed bulls.
*thrashed*
He's right on a longer term.not today or tomorrow but next week
Bears trapped inside cave enter trap door using oxygen masks inside secret elevator going towards 2.7
Satendra says bears are trapped will get blown through vent hole in bear cave.he says it’s a BUY
The bears must really feel thrashed after price dropped another 2% the same day you wrote this.
Thank you.
Personally I am long, but your fresh buy zone is from 2.75 and what is stated in the article unfortunately doesn’t match
little harsh words on a bear lol but your point makes sense
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