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hi friends trading view side natural Gas prices showing last closed prices 7.191
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From Celcius "Natural Gas Soars To Two Week High After Investors Look Past Loose EIA-Reported Withdrawal To Much Colder Temperature Outlook; Natural Gas Steeply Overvalue Here,
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Oh and the forecast has got significantly warmer and higher than 5 year average. Prive of NG simply doesnt reflect this. Gap down and going lower this week coming IMO.
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when it was 10$ in summer two months ago people eyeing for 20+ ! the only negative was Freeport close if Freeport restart then things are different
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Not me. I shorted it down to 4.5
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first u take profit and do proper knowledge then show 95%
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people post thinking they can actually make a difference with the price. so sad.
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some are, but most people are trying to predict the next move..
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Gap up or down? I have not used my heater in the last few says
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natural gas 99% sure acurate call on 70 96 193 70 4
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post calls here first
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In Theory based on last years $3.73 December Contract price 1832 BCF will need to be used up from now til May 2023 from Storage. Folks, Freeport is still operational. This will make it hard to justify. Furthermore, keep in mind last year's winter was colder than this year. Europe is full in capacity at 95%, 35 LNG Vessels unable to offload yet.
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Sorry meant to say Freeport NON operational yet. And who knows if PHMSA will delay them even more.
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Spanito Luvitoyou are working way too hard. You should realize all the hyperventilating and arm waving on this or any forum will not influence direction of the market. You only cause unsuspecting traders to make mistakes. Consider Being quiet more often.
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This Jan contract price is a disaster for bulls we had big sell-off from this range to 6.80 bears now have a free .50c to play with what a free gift love you natty..seasonilty for the last 10 yrs has this contract selling off every single time when cold doesnt arrive..i wouldnt bet agaisnt those odds only a fool would!!!!
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anyone knows why Russia still send NG to Ukraine transit?
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nobody knows? haha. we are all gambling
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Here is the information: Today's projected +3 BCF injection is 1 BCF greater than yesterday's 1 BCF build. It is 11 BCF bearish compared to last year's -8 BCF draw and 10 BCF bearish versus the 5-year average -7 BCF/day draw.
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Technically this should tank to $4 to $5 level with only 10 weeks left of winter.
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Guys, I am going to give you a heads up.Celsius Energy posted yesterday the following information which clearly shows us that on next EIA NG Weekly Report this will tank hard. The draw will be smaller than thought entering into December. That leaves 10 weeks of draws with a mild winter on hand.
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near 588 mcx tomorrow opening
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what future does this mental case morin have? He plays with his little dingy and computer all day.
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I think this morin/BS meter needs a large size zuchini up his b u t t ....and then he can share it and double end it with arky.