NATURALGAS poor biden is in a nursing home with dementia thinking it's the 2009 market crashNatural Gas forum
NATURALGAS poor biden is in a nursing home with dementia thinking it's the 2009 market crash
NATURALGAS yayy .. were gonna get another reload Monday !
NGAS There will be some greedy self-reflection at 3.78-3.8
NATURALGAS my opinion don't keep short open on this weekend. anything will happen on Sunday evening .NGAS The bad news is the markets are bleeding. The good news is the NatGas short is acting like a hedge.
NATURALGAS swing low today, breaking structure at 4h and indicating possible downtrend continuation. After the swing low of today the market appears exhausted at 1h, 15m but still show potential for further downtrend at 4h and 1d since the relevant oscillators are not yet oversold for 4h and 1d (indicating there's still room for further drop). However, 3.90-3.85 is a support area for the 1h chart and we need to see this broken as well for a possible target at 3.75 (and if this breaks) 3.55 next. The 4.00 was broken today and in a downtrend the broken support tends to get retested for resistance, this retest happened at 17:10 CET if you check the 5m chart, therefore further downtrend continuation might be present here and a breakdown of 3.85 with volume will increase my bias towards possible target at 3.55.Charts from left to right: 1d, 4h, 1h, 15m, 5m
Good luck everyone!
NATURALGAS manipulated price...NATURALGAS weekend weather pattern is good and till Wednesday of next week. waiting for Sunday evening open.NATURALGAS keep in mind still storage below 5 year average and 27% lower than last year same period.NATURALGAS shorter beware any time natty will move higher to regain 4+ on today.