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Will Natural Gas Be A Falling Knife Before Impending Inventory?

Published 01/17/2018, 07:51 AM
Updated 07/09/2023, 06:31 AM

On analysis of the movement of Natural Gas futures price in different time frames, I find the Natural Gas futures price seems to be going a falling knief even before the announcement of impending inventory on January 18th, 2018.

Bears look too agressive to move downward in expectation of a much lesser withdrawal. Secondly, they are feeling too strong due to NYMEX price level of Natural Gas and shifting weather announcements.


Natural Gas Futures Price 4 Hr. Chart

Natural Gas Fuures Price 5 Minutes Chart
Disclaimer : This analysis is not a trading advice. Take a position at your own risk.

Latest comments

He always trades against the trend.
See... He is back...
Mr. Singh, I clearly remember you pledging not to reappear on this board until NG reached 3.43+. Why are you not honoring your own promise sir?
this is a fraud guy..I sold my NG buy at 203.5 after seeing his analysis and now NG is 210 in MCX..Always his analysis is opposite to market..
People doesn't understand  anything  about  speculation
You sure are ok !!
this comment just is against the market trend.
Pls don’t confuse everyone here. We r trying to trade and receive credible analysis
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