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GAS

Double Bottom now rise to 97.xxWe have a clear double bottom on DXY sitting at 89.54 with a clear rise and break of resistance at 95.x now the push seems to be a pull back to the now support line at 94.5ish and then a run to the bottom of the next channel at 95.9 all the way to 97.4-5. We would like to see the now support line at 94.5ish hold and continue up. This will put serious pressure on the energy markets anything over 95.9x and change could cause a major spike in either oil, LNG or other energy prices.
INDEX:DXYLong
by swimmax
Oil Testing Lows Again, What to Expect??Oil is pressing lower of reports of increased supply and weaker demand. We are currently testing a very important psychological and technical level at 80.00. We are seeing several green triangles here at 80.00 which is suggests strong support. If we are able to break down from here, then there is a vacuum zone below to 77.56. We have several technical levels above including 80.70, 81.30 and 82.13 which will all be targets if we can get a lift from 80.00. The Kovach OBV is pretty flat, so we will need to see momentum come through either way to determine oil's next move.
NYMEX:CL1!
by quantguy
1
Oil Clinging to LowsOil has dipped to the lower bound of its broad range in the 80 handle. We have broken through a series of levels in the low 80's, and are clinging onto 80.00 by a thread. We do have a series of green triangles on the KRI suggesting support here, but the Kovach OBV is dipping suggesting that we are still quite weak. If 80.00 does not hold, there is a vacuum zone to 77.56. If we catch support at 80.00, then 80.70, 81.30, and 82.13 are all targets to consider from above.
NYMEX:CL1!
by quantguy
1
KMI - Kinder Morgan Swing Trade Kinder Morgan, is one of the largest energy infrastructure companies in North America. The company specializes in owning and controlling oil and gas pipelines and terminals. Kinder Morgan owns an interest in or operates approximately 85,000 miles of pipelines and 152 terminals. As winter approaches, supply chain issues begin to resolve, holiday season is near, expect major energy usage and KMI to go up from this more than fair price. RSI is showing now is an ideal entry, and Squeeze Indicator is showing good upward momentum
NYSE:KMILong
by erikabarker
Oil Finds Strong Support at $80Oil dipped, breaking a key support level at 80.70. We saw further support (confirmed by a green triangle on the KRI) from 80.00, however, and have rebounded back to the 81 handle. We appear to be making a run for the next level at 82.13. The Kovach OBV has dipped sharply, but has since picked up to reflect the support. If we can break past 82.13, we will return to a previous value area, and 83.21 would be the next target after that. Further momentum would bring us to the vacuum zone back to highs at 85.55.
NYMEX:CL1!Long
by quantguy
1
Oil Continuing to RangeOil has retraced from just below highs at 85.55 to seek support at 82.13. This is exactly what we anticipated would happen. We are just past the 50% retracement between highs and the lower bound of the range at 80.70. Several green triangles on the KRI suggest that support will continue, and we will level off. If not, expect further support at 81.30, then 80.70. The Kovach OBV is oscillatory, which is to be expected as oil appears to be exhibiting a broad sideways corrective wave to the overall bull impulse wave which brought us to the 80's in the first place. Anticipate another run for 85.55 if the bull trend picks up again.
NYMEX:CL1!
by quantguy
1
ng buyThe world is demanding energy for an economic recovery and a winter in Europe. Natural gas prices have been rising in recent months, due to the great demand for various factors, including the search for and implementation of cleaner energies, in this process some countries such as China are entering a stage of de-carbonization, In China's attempt to gradually reduce the use of coal, natural gas is becoming more in demand, the key factor behind the rise in natural gas prices is its demand, the European Union is also stopping the use of coal and needs to supply This energy need with other means, until generating a dependence on natural gas, this benefits Russia a lot since they are one of the largest gas producers and as in OPEC they can manipulate the supply, in some geopolitical scenarios it would benefit them to pressure the European Union in certain gas pipeline projects.
NYMEX:NG1!Long
by juliansb32
Bitcoin and Oil - Your gas prices are not going to get Lower.Today a small lesson in the harsh reality of this world. Gas prices are on the rise as you know, same with oil, coffee, lumber, and many other things. This may seem like "Not a big deal" however, oil prices could go parabolic over the next 8 years. When Bitcoin broke out of its falling wedge it shot all the way up to $20,000 (starting at around $250) Oil should see a similar move as bitcoin. OIl moves slower than Bitcoin (much slower) but this move will still catch the world by surprise! You must counter hyper inflation with proper investing. If you don't play their game you get left behind in the dust. Stay profitable. - Dalin
INDEX:BTCUSDLong
by High_Altitude_Investing
5
Gas Long SetupGAS Long Setup 🔵 Entry Level: $5.673 🟢 Take Profit: $6.094 ⛔ Stop Loss: $5.441 Reasons: - So far the price is respecting the ascending channel; - I believe the price may bounce off the lower trendline in the area between $5.535 and $5.670. Game Plan: If the price goes through the lower trendline (yellow), which at the moment acts as a support level, then I will be looking to open a short position on a retracement unless the 2nd trendline (white) acts as another support level.
CAPITALCOM:NATURALGASLong
by Quant_
1
$GME: "Weaponized Commodity Markets" Could Mean Another SqueezeAs crude oil sits in a very vulnerable position, Putin has come out declaring it could head to $100 and while China contemplates the scale of a potential Evergrande bailout, there's a serious potential risk here that the inflation trade will continue thus leading to another squeeze out of GME which has been an efficient barometer for inflation since it's grand squeeze in January. However, it isn't just the movement of liquidity that could benefit the prospects of GME. If sky-high gas prices are here to stay, another stay-at-home windfall could push GME back into the 200 pivot or even beyond as reopening vacation plans get shelved.
NYSE:GME
by Fox_Technicals
1