$E-mini Natural Gas Futures(OCT4) (QGmain.US)$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.
$Henry Hub Natural Gas Futures(OCT4) (NGmain.US)$ It's official. Nat gas is bullish in the short-term picture. How long will this uptick last? $Crude Oil Futures(OCT4) (CLmain.US)$ 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.
Natural Gas Futures Are Near a Major Inflection Point Natural gas prices have had a massive rally of about 80% this year. The price action appears to be rejecting a couple of long-term Fibonacci levels and is now just above the support line that has held nat gas prices up all year. Will the rally continue into next year? Or will we see a correction soon? After a roughly 80% rally, I think some commodity traders might be willing to take some profit if the price dips ...
$Crude Oil Futures(OCT4) (CLmain.US)$ Macro Fundamentals Crude futures price has been facing a lot of pressure lately. This is partly caused by the fears of diminishing demand due to the very high interest rate environment we're currently experiencing. Recently, the Biden administration lifted sanctions on Venezuelan oil. This will bring more oil to the markets increasing supply. Since commodities prices are determined by the laws of supply and demand,...
wooper
SpyderCall
OP
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Please set a trailing stop loss on sell orders of .10 cents to .04 cents to prevent loss Get ready! We're dropping a SPECIAL PROFILE ALERT for tomorrow's play TODAY at 4PM EST! Don't miss this! Set Sail, Navigating Through Economic Waves! Yesterday, we saw a 53.28% move from the long side. Let's keep that momentum rolling! Today's crucial signals: RSLS Long > 0.3335 Short < 0.3125 BTAI Long > 3.45 Short < 3.16 NVVE Long > 0.1965 Short < 0.1675 LMDX Long > 0.1790 Short < 0.1600 Remember, timing is everything. Keep an eye out and let's dominate today.
E-mini Natural Gas Futures(OCT4) Forum
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?
$Crude Oil Futures(OCT4) (CLmain.US)$
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...
Natural gas prices have had a massive rally of about 80% this year. The price action appears to be rejecting a couple of long-term Fibonacci levels and is now just above the support line that has held nat gas prices up all year. Will the rally continue into next year? Or will we see a correction soon?
After a roughly 80% rally, I think some commodity traders might be willing to take some profit if the price dips ...
Macro Fundamentals
Crude futures price has been facing a lot of pressure lately. This is partly caused by the fears of diminishing demand due to the very high interest rate environment we're currently experiencing.
Recently, the Biden administration lifted sanctions on Venezuelan oil. This will bring more oil to the markets increasing supply. Since commodities prices are determined by the laws of supply and demand,...
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