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Natural Gas Futures - May 24 (NGK4)

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Currency in USD
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1.752
+0.034(+1.98%)
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Natural Gas Futures Discussions

If you missed today you will wakeup to a minor gap down and pullback tomorrow. Ptobably in the area of 2 or 3 %. She will take back off next week.
Very good day for the Bulls, rise a little too fast for my taste, I went short, because I expect a consolidation, almost 1$ rise, it is huge and arrogant.  We'll see what happens tomorrow, either we finish the right shoulder at $ 9.4 or consolidation on $ 8.7 Have a nice evening
Bears have been served for sure
MA200 4h support 8.7$
U did great analysis and forecast.I should've follow you earlier. :( ㅠ.ㅠ
For the record Europe spent all year filling their tanks of lng etc to ensure that the russian conflict and winter doesnt hit them like last year. Check the reports on their storage yourself. Dont believe me or Wang.
DD is correct. At 90% full that isnt going to last 2 months. Storage capacity in EU is woefully inadequate. However this is US NG Futures we are trading here. That remains bearish fundamentally. NG however doesnt apply logic . GN
but Hog you can tell all these foreign traders just that and they they look other way .. to them who cares its too cheap everybody is short so squeeze them at every support area period
and then you got got WANGS nonsense cheering them on like cheerleaders at a football game
Hopefully a little retrace tomorrow... but this going up too 10 I believe.......
I will go out on a limb here as i have been a trader of commodities longer than Wang has been alive and simply say, I do not believe NG will reach $19 this year or even next year. I wouldnt be aurprised to see it in the $13 range, but I even doubt that. Believe who you want to believe. We shall see who will be right. Good luck.
Concensus estimate for report showing a build of 73 bcf (same # as showing here).
Keep on trying :-)
Brutal day for bears but still I beleive , we will see $7.5 in sep min.
Monthly turning green as well
Bullish engulfing painted on the weekly. My money is on it staying that way up and onward
Wednesday domestic production 99.2 bcf, domestic consumption 66.0 bcf, LNG for export 11.7 bcf
Temp reduction in production. Expected to ramp back up to 100+ over the weekend. Temp fundamentals and news catalyst for HnS being drawn. Amazing how things always fall in place for the bulls ! Going into November moreover, you’ve got a high probability of coming out of a trade at cost if long than if ure short. Result is before us.
Hedgies gonna go long blind folded, cuz equities n non-energy commodities are in for a world of pain with sustained +4% interest rates through to next year.
It aint just fundamentals, rather NG being a tool for the hedgies, sustained equity drop will be cuz of inflation which is primarily cuz of energy prices. What would you hedge with if you were a commodity trader ? NG rather than CL ofcourse cuz its so liquid and maleable.
it is formig a 3 month Head and Shoulders inside of one year mega Head and Shoulders
Crazy bullish run just starting unless sleepy Joe act before mid term election lol
wang tired to tell Bob
Brave to long above 9 or 9.10
Putin assanation attempt was likely another failure by president bozo
I said gimme some (gimme some) Oh, yeah I can't stand it no longer Now gimme some (come on)
easy long.WSB guys betting this on a massive short squeeze.Easy money for us guys.
no one on wsb is talking about NG lol
Does NG even transport on Railway? or is just demand because lack of Coal and switching to NG plants again - all the NG plants were switched ti coal 10 months ago.
Coal not reaching power plants.
coal switching, utility companies said they'll have to use more NG, still think this is an over reaction
Gonna be a done deal for Biden if he can’t resolve this.
call you senator today
Hahaha what did i say!! 9! Boom
what a quack
hey guys we need gas it will be cold out there soon.Putin controls energy now.President Putin chooese up or down.We go over $100.
Time to thank Bob for destroying everyones acct? Brilliant Bob and a reg are not to be listened too
This commodity is designed to *******the pigs.The only ones getting burned are the "All inners" Its so obvious identifying the pumps and dumps, just average in and always make money. Plenty of ammo here
be careful my friend. contracts rolling over may ruin your plan. I was a buyer at 1.5 and been at loss at 3. now shorting ng and still not like it. 1 month long contract is not the best friend for long time players
rigged day great
twice the regular volume purchased at high price...i wonder who will be buying at these prices tomorrow...
me
Ask a dutchman
US consumes majority of its NG production here in US...this is self inflicted wound to US taxpayers
it is coming down if you are willing to wait
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