$E-mini Natural Gas Futures(JAN5) (QGmain.US)$Weekly storage report will be out tomorrow. It is glut supply of Natural gas and demand slowing down due to weather turn to warmer in US...
Natural Gas Has Already Ripped Recently, natural gas futures had a big rally. This was mostly due to the spat of severely cold weather that came unexpectedly and spread across the entire United States. Economic data in the U.S. has shown that natural gas in storage has been dropping since the beginning of December. Based on the laws of supply and demand, this could have added upward pressure on the price of the commodity. It should be noted that nat...
SpyderCall
OP
Ben 23
:
The rally started on the first of Janurary this year after I posted comments about nat gas having a gap up. The rally ended after I made this post. There was even a massive gap down the other day. I don't know why it gapped down so much, but it was an ugly gap. I was waiting on oil to get the next rally, but so far, the crude is staying relatively range bound right now.
$Henry Hub Natural Gas Futures(DEC4) (NGmain.US)$ It's official. Nat gas is bullish in the short-term picture. How long will this uptick last? $Crude Oil Futures(JAN5) (CLmain.US)$ Oil has been getting a nice boost the past couple of days. The trend in oil could flip to bullish pretty soon if we see a little more upside. Here is my TA for crude futures in the link below. Worsening Geopolitical Tensions in the Middle East As always, I am not a financial professional, and this...
SpyderCall
OP
小鸟凸人
:
Data on oil inventories released earlier. It is bringing down crude prices. But nat gas is holding up nicely after the Nat gas storage data was released.
E-mini Natural Gas Futures(JAN5) Forum
$Genie Energy (GNE.US)$ $Viper Energy (VNOM.US)$ $E-mini Natural Gas Futures(JAN5) (QGmain.US)$
Recently, natural gas futures had a big rally. This was mostly due to the spat of severely cold weather that came unexpectedly and spread across the entire United States.
Economic data in the U.S. has shown that natural gas in storage has been dropping since the beginning of December. Based on the laws of supply and demand, this could have added upward pressure on the price of the commodity.
It should be noted that nat...
It's official. Nat gas is bullish in the short-term picture. How long will this uptick last?
$Crude Oil Futures(JAN5) (CLmain.US)$
Oil has been getting a nice boost the past couple of days. The trend in oil could flip to bullish pretty soon if we see a little more upside. Here is my TA for crude futures in the link below.
Worsening Geopolitical Tensions in the Middle East
As always, I am not a financial professional, and this...
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