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Natgas

Equalized Natural Gas and Crude Oil Over DecadesThe goal of this chart is to attempt to show the impact of energy costs in the current economy. We use equal amounts of natural gas and crude oil according to economic websites, so a chart that shows the year-over-year % change of energy costs would be useful to look at so we aren't confused by headlines. Everyone seems to be looking at crude oil as the main driver of inflation, but at the same time refusing to see that natural gas has fallen quite dramatically over the same time window. What I have done with this chart is to plot the ratio of the price of crude oil to natural gas using the 2nd month contract because of the negative price of crude oil in 2020. The current ratio is around 26, so I then used the 26 ratio to plot the top chart. I multiplied NatGas by 26 and added it to Crude Oil to get a "total energy cost" to the economy. I then did a 1 year rate of change to show the oscillations of "bearish headwinds" of inflation and "bullish headwinds" of deflation. Obviously, lower energy prices are supportive of the economy and higher energy prices are inflationary and imply producers and sellers will raise prices, putting pressure on the Fed to raise rates to cool off the economy. Currently, we have a -31.59% YOY% change for the total cost of energy and as recently as May we were at -61%. Granted, energy is not the entire economy. Energy is only 6% of the economy so it is just a small part but it feeds into everyone's costs. Next I will work on some ways to create specific market buy and sell signals to see if we can make a permanent indicator for this idea. Wishing you all well. Tim West 9:06AM EST, Wednesday October 4, 2023
NYMEX:NG2!
by timwest
3
Natural Gas - Are Prices Going Back Up!?Analysis: Bullish Confluences Strong upwards trend Retest of a key support level Broadening ascending channel present Upwards trendline touch 3k long position decrease for the USD Stay Safe - The JPI Team Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We appreciate any comments at all so thank you! Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
OANDA:NATGASUSDLong
by jpeacockfx
32
DXY - The US Petrdollar And The "Prigozhin Coup" In RussiaI write this as I listen to Tchaikovsky's Violin Concerto in D Major on the excellent Shen Yun Zuopin platform. It seemed quite fitting for watching the world burn. When you hear propaganda on English social media on a Saturday night that a group of mercenaries are raiding Moscow to overthrow Putin, you absolutely must take what you are hearing and seeing with an entire box of Maldon. Before we begin, I will provide you with the DXY Monthly, which shows the topography more clearly than the daily bars I use for the moving graph: Remember it wasn't even 10 days ago that the US Military was running an exercise in the streets in the United States and the QAnon cultists/CIA campaign were trying to tell people it was because Donald Trump was about to overthrow Joe Biden. The United States has three significant abilities that exceed its direct military power and are why it's able to empire around the world: 1. Masters of propaganda and manipulation 2. A stranglehold on the world economy via the Petrodollar and its oil/LNG production 3. Intelligence, subversion, corruption, and cyber warfare operations No matter what you hear, the war in Ukraine directly involves NATO because NATO member countries are all over the area West of Russia and Belarus, and Washington is the leader of NATO. Wagner PMC and Prigozhin himself are rather savvy propagandists and tacticians. They previously used the narrative that there was much discontent between themselves, the superheroes of the Bakhmut campaign, and the Russian military's old guard, to bait Ukraine into attacking. The end result was a lot of dead UAF and a captured city for the Russian Federation. Moreover, many things right now serve as a distraction to keep the world's eyes and ears away from what's going on inside of mainland China and the coming fall of the Chinese Communist Party. Perhaps Xi Jinping will be this decade's Mikhail Gorbachev and will one night dump the CCP, much to the consternation and dismay of a totally clueless majority mankind. This matter, and the persecution against the 100 million practitioners of Falun Gong by the former Jiang Zemin regime, which Xi has directly contested since he took power a decade ago (this is what the "Anti-corruption campaign" is really annihilating), is what you really need to focus on, rather than "World War III" propaganda. So, you shouldn't go too hard on Sunday and Monday selling equity futures and getting long on gold because you've been told on Twitter that World War III is coming. What you want to do is take a calm and rational look at what can happen. And what can happen entirely revolves around the US Dollar. Right now, the USD looks as if it will pump, rather than dump. Like it or not, it looks like it's going to pump, rather than dump. But the confirmation for the trade comes down to whether or not DXY can breach $105.883. If it can breach $105.883 either in the remaining six trading days of June or in the early portion of July, then we have two scenarios, in my opinion: Whether the target is only the $108-$109 Point of Concern Whether the target is $115-$118-$120 above the '22 high. Frankly speaking, if you look at yearly bars for the DXY: Then literally $135 is en route before 2030. But if $109 is all we have today then $98 is incoming. Generally speaking, it's really worth remembering that USD up = risk off on equities. What's important in life isn't making money in the markets, but it's your family, your friends, your heart, your soul, and your future. Trading should just be a vector for your personal and spiritual development. Gamblers are going to lose more than their shirts, you hear? See the additional calls below for more broad spectrum macro analysis of the situation.
TVC:DXY
by LordWrymouth
3
NATGASUSD Is About to Start Outperforming WTICOUSDWTICOUSD has developed a Diamond Top pAttern at the HOP level of a Bearish Shark and has given Bearish PPO Confirmnation Arrow at this level. Along with that, the PPO has broken below trend and may now look to crash lower. If we are to take all these indications into account, we can safely assume that WTICO is about to Bearishly break down from the Diamond it's formed against NATGAS. This could mean a few things, but mainly it means that either Natural Gas is about to start going up a lot or WTICO is about to start going down a lot, or maybe a combination of the two. In anticipation of this, I will primarily be buying Natural Gas Related Assets and Selling Oil Related Assets.
OANDA:WTICOUSDShort
by RizeSenpai
Oil Gold Silver DXY Natural Gas Price ForecastWelcome to the everyday how to make money online trading with Natural Gas Technical Analysis show, where I give you guys support & resistance levels to potentially play off of. As well as both sides perspective of a bear and a bull to give us a better understanding of where our trades are currently and not have a bias - Natural Gas Natgas Stock in confirmed daily uptrend - Strongest resistance for natural gas resistance is 2.86 #naturalgas #xauusd #xagusd #natgas #naturalgastechnicalanalysis #technicalanalysis #tradingstrategy #daytrading #naturalgasanalysis #naturalgastrading #natgasanalysis #dxy 00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide 04:11 AMEX:UNG Stock Forecast 06:55 USO Oil Stock Forecast 10:38 Gold XAUUSD Stock Forecast 12:25 US dollar DXY Stock Forecast 14:39 Silver XAGUSD Stock Forecast
NYMEX:NG1!Long
by ArcadiaTrading
Natural Gas, DXY, GOLD , SILVER Price ForecastWelcome to the everyday how to make money online trading with Natural Gas Technical Analysis show, where I give you guys support & resistance levels to potentially play off of. As well as both sides perspective of a bear and a bull to give us a better understanding of where our trades are currently and not have a bias - Natural Gas Natgas Stock in confirmed daily uptrend - Strongest resistance for natural gas resistance is 2.86 00:00 Natural Gas stock Bulls NatGas Support & Resistance Guide 06:28 AMEX:UNG technical Analysis 09:28 Gold XAUUSD analysis 11:39 US dollar DXY 14:45 Silver XAGUSD analysis
NYMEX:NG1!Long
by ArcadiaTrading
3
NATURAL GAS Moment of truth on the 1day MA200.Natural Gas / NG is trading at the moment between the 1day MA50 and the 1day MA50. The latter hasn't been breached or even touched since December 13 2022. The pattern is an Ascending Triangle which has inside it a Bullish Megaphone pattern. The common feature is the Rising Support. If the price gets rejected on the 1day MA200 and breaks the Rising Support, we will see a first test of Support Zone A. Sell the first bounce and target 2.140 (Support B). If on the contrary the 1day MA200 breaks first, buy and target 3.030 (Resistance A). Follow us, like the idea and leave a comment below!!
NYMEX:NG1!
by TheCryptagon
3
NATURAL GAS Short-term buy but expect long-term reversal soon.Natural Gas (NG!) is struggling to get past the 1D MA50 (blue trend-line), which is the short-term Resistance and at the same time is supported by the 1D MA100 (green trend-line). The long-term pattern is a Bullish Megaphone and besides the 1D MA100, the price action is supported by the pattern's bottom (Higher Lows trend-line). Recently however the pattern that has emerged is a Head and Shoulders (H&S) and it remains to be seen if it establishes itself on the immediate price action, which technically means a sharp decline, as in theory it is a bearish pattern. On the short-term, you can buy up to the Lower Highs trend-line and target 2.750. On the long-term we believe the upside is limited by the 1D MA200 (orange trend-line), which is now on Resistance 2 (3.025) and most likely will reject any spike on Resistance 1 (2.865). So on the long-term, if the price breaks and closes a 1D candle below the 1D MA100 and Higher Lows trend-line, we will open a long-term sell and target 1.950 (Support 3). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYMEX:NG1!
by TradingShot
BOIL: One more climb to go 🏔️BOIL's price has successfully wrapped up the magenta wave (b). Looking ahead, we foresee an ascent in the fourth leg of the yellow five-part wave, targeting the yellow Target Zone between $116.87 and $334.93. Following this ascent, a substantial decline is expected, bringing the price down to around $23, signaling the conclusion of the white wave (II). This yellow Target Zone presents an opportune moment for initiating short positions to capitalize on the anticipated bearish movement.
AMEX:BOIL
by MarketIntel
4