CFDs on Natural Gas forum
NATGAS I expect a big gap down, as all weather models have turned warmer (-30 up to-40 HDD) over the weekend.
NATGAS Look at the following days och see how warm its gone bee next week. All extreme cold degrees is gone. The pump of last 2 weeks was because extreme cold weather. Now it turns to extreme warm weather conditions. I have shorted NATGAS.
NATGAS Gap down, I'm guessing 5% to 7%.Models have all turned significantly warmer.
Production is already recovering as the rigs are starting back-up / unfreezing.
April contract rolls off on Wednesday over to April.
Mid march and April are looking very comfortable.
Projections are showing injections coming 2 weeks earlier vs the 5 year average.
After this week's extremely bullish EIA report, it's all down hill from here.
Lots of production set to come online in the next 3 weeks. Probably looking at 108 to 110 on production.
Don't forget, for the noobs calling for an April or May rise. The export terminals will begin shutting down soon for maintenance, that'll leave a big hole for about 4 weeks.
NATURALGAS Likely massive gap up based on exports demand and global demand. Up trend atleat till end of April with corrections to enter long.
NGAS so ..next week the first 2-3 days the weather is going to be warmer with a drop at the end of the week and first week of march . after that looks like it is going up slowly. tomorrow's opening could be a sharp up for SL sweep and then go down or a gap down. both scenarios can happen but the trend looks like is down.
NATURALGAS Strong bullish sentiment, current lower than 1 and 5 year average storage levels, slight decrease in production, high demand last week, weekly report coming Thursday and monthly Friday both likely to be bullish, all suggests a bullish week ahead. What are your thoughts?
NATGAS Germany's year-ahead power futures prices fell this week to the lowest level since the beginning of the year amid falling European natural gas prices as talks on a peace deal in Ukraine began.contrary US natgas future is sky rocketing!!
NGAS Be careful going through airport security if you are holding your short over the weekend. Your balls of steel will set off the metal detector. You'll need to explain the situation.
NATURALGAS Hold your longs we going to 5NGAS It's breaking down...