Henry Hub Natural Gas Futures (Oct 2020) discussion
NGZ2024 Trade continuation.5.77/1 sellers (excessive)
$$$$
NATURALGAS2! ng buy at 233 target 253
NATURALGAS1! bounce expected from 196 near, Oversold, Inventory data support, demand rises in cold weather, we wait for confirmation after 200 level holdNGZ2024 Key reversal bar doesn’t trigger hence trade continuation from bar midpoint.“It is always about the middle. Glass half full, I’ll take half you take half, we are half way there, etc…”
$$
; )
NGZ2024 Key reversal bar, now inside. See lower time frames.
NATURALGAS1! down Exp near 200 due to heat climateNGZ2024 Outside reversal bar with a retest of the midpoint. See other time frames……
NGZ2024 Reversal bar attempt on midpoint support. Bar close important. Noting left right symmetry of the bottoming pattern. Cautious approach here. See lower time frames.
NATURALGAS1! what was that spike down ?seems someone trying to force it down..
NGZ2024 Continuation from the Key Outside Reversal Mentioned. $$ ; )