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Natural Gas Futures - Aug 24 (NGc3)

CME
Currency in USD
Disclaimer
2.866
-0.001(-0.03%)
Delayed Data

Natural Gas Futures Discussions

lunacy to trade for me
all the way to the top, what ever and when ever it may be, they will be singing, tree shaker, tree shaker, please let me back in
Add longs above 2.84 for 2.9-2.94. Support 2.84/2.8
European Union countries approved a law on Monday to impose methane emissions limits on Europe's oil and gas imports from 2030, pressuring international suppliers to cut leaks of the potent greenhouse gas. The rules are likely to hit major gas suppliers such as the U.S., Algeria and Russia.
if we look at the inventory, surplus reduced from 35 to 29 % in last few weeks but NG price jumped from 1.7 to 2.84 - aprox 65-67%. Output has been increased, weather is moderate except few states across US n CA. I dont know what makes people think it will go beyond 3 Dollars? In the end of the day, you cant ignore numbers no matter what.
1.60 was cheap considering inflation that is all the logic I can get 🤣
I agree with your analysis. However, if you are dealing with futures or ETF who are projecting on futures, then essentially, we are gambling on predicting future. Your numbers presumably accurate are based on the past and the now. Totally logical. Your painted picture is totally astute. I don't disagree nor totally understand "the jump". But, wasn't the dump since last December unrealistic? Didn't the bears drive this down further than it should have been? Was it just a market correction? So maybe we are realistically where we are suppose to be. With all the fundamentals, I would say we are due for a bull run. The bears have dominated and got fat. They have the money to manipulate. But like a lie, the truth always prevails. There is a fight happening between bulls and bears. Bears always won but times are changing. If you cling to the past you will miss the future. I traded knowing gas was a fossil fuel and public enemy number one. It got killed under the democrats. I made money keeping this fact in the back of my mind. Nothing stays stagnant. Times change. There will be bear days and bull days but I am predicting (gambling) on an upward trend which will dictate my trades. Happy hunting.
No. Due for a correction and bull run once closer to eliminating surplus.
50/50 peppy... that's the difference between us...I tell you 100% sure 2.5 hits till eow... that's the confidence of top trader... Billy is another league...I tell you we close the month at 2.5 and you keep talking how successful you are... make Wang laugh 🤣
Careful Billy.
I think this will depend on gdp result on thursday
I am long and short here 🤣.
My magical ball isn't telling me anything 🤣
try the other ball
try the other ball.
NG will fall .. we cannot simply ignore last week candle by this week is 100% closing RED
Jim or Isabelle go read my posts below and figure it out your self ;)
A simple bull or bullish answer would have been easier.... or, are you promoting yourself because you have a big ego?
we all have big ego... lol and yes i am promoting my self as i want to be MM... lol
Bulls were calling reversal the whole time NG dropped like a rock for three months. Now bears are calling the same reversal is coming while NG fires the rocket engines up. Go figure that math out. NG is even rising in after-hours as I type this.
mojitos babay...hey trinity...becuase I am generous...let me help you out...look what I posted 2 weeks ago...compared to the BS you post all day...cheers..Natural Gas May 16, 2024 8:10PM ET 255, 260,  275 are key resistance to break...then possibly to the moon
I give it 50/50 that price >2.90 by end of week...tight as can be
Hmm!
johnny bravo...if next report is even morwe bullsih than estimates that cup will be bigger than trinity's debt
oh trinity...read my posts...not only accurate calls but averaging 100%...can you say the same?
trinity...spend a moment of yr busy day (sarc)...read my posts..and learn something...I have made calls and they all hit....100%...unlike you + yr million aliases...but hey...ifr that turns yr clock..go for it...but to be clear...I have nothing against anyone that goes both ways?
Predictable solid inverse indicator: https://www.investing.com/news/stock-market-news/goldman-sachs-sees-limited-upside-to-natural-gas-prices-3457293
Yes. Too much working against it and too much gain way too fast to sustain. I'm expecting a bounce off the ceiling 2 9
Goldman says sell and they buy. Always have
Frog.... it is called mainstream manipulation. Glad to see you're smart enough to figure it out. That skill alone is greater than reading chart indicators and multiple phds. You are obviously successful or on the cusp of being....
R.I.P. 🐻
big money is full of historians to some degree, usually citing the past to justify the present and future
i should stop posting at this point and say hello on November 2024 or maybe even in November 2025... scalpers take over ... lol
UNG i think is good
It is just dont go long on it too long there is some decay and rollovers can cut like a knife
Etfs, not always to good to go long that far out look at lng, or even swn.
Bears don't get it that the 4 year cycle just only started month ago...
Things could get real spicey if NATO sends troops into Ukraine. If they do China may pull the trigger on Tiawan.
NATO is not going into the Ukraine.
not happening Tony, i don't think so WWIII is in anyone interest...
I heard we already were in WIII but the media just never told us... Imagine the media lying by omission? Media doesn't lie do they? Don't like politicians but it seems one party likes war and the other likes peace. Maybe we should vote accordingly.
European natural gas inventories rose by +9.5 BCF for May 27, 2.9 BCF bullish compared to the 5-year average +12.4 BCF build. Current inventories stand at 2685 BCF, +557 BCF bearish versus the 5-year average or 69% of capacity.
a bot can always find relative information
big money is, big money does, even if there is a glut compared to 2021
or maybe this massive cap will have the neckline like here on monthly.... hmmm.... market is thigh you saying....
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