NATURALGAS @ any viewU.S. DOLLAR / NATURAL GAS forum
NATURALGAS @ any view
NATURALGAS what is the expectation for the rest of the day ?
NGAS Heading towards a short
NATURALGAS break High or break low..?
NATURALGAS its definitely a short market coming ahead but will there be a stop hunt around yesterdays high? grab top side liq around 3.75 then go down? current price hovering at a demand zone
NATURALGAS In a retracement from the recent uptrend, currently retail is buying and institutions are selling based on the Koncorde 2.0 which estimates retail vs institutional trader using negative and positive volume indexs.The report later may prove to be a catalyst, but I am mostly looking for a buy the dip oportunity once the retail is out and if the smart money enters the market.
The area between 3.65-3.55 might be a support so will be monitoring for bullish divergence with increasing volume from this area to enter long.
Otherwise, I will wait for the next session, re-evaluate the trend and bias for the next day.
Good luck everyone!
PS: Might need to wait for that report
NATURALGAS i think we can see 3.85 tomorrowNGAS Short and usual disclaimer on maybe it works, maybe it doesn't
NGAS Long, Short, no clue
NGAS Ive closed my shorts now for a small profit. The SMA stalled and acted as resistance for a short while but its now been broken. Thakful for the pullback to get out green. I think next stop is 3.8 potentially but im going to sit out and watch