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Natural Gas at historically significant levels.
Natural Gas Futures
Long
Natural Gas at historically significant levels.
By the_sunship
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Updated
Jan 17
4
4
7
7
Dec 4, 2023
All in the video. I'm collecting Nat gas near these levels and I explain why in the video - I hope it's helpful - good luck!
Dec 4, 2023
Note
4 hr channel on Nat gas futures.
Dec 5, 2023
Note
looking better this morning, needs to get over 3 dollars for the majority to notice.
Dec 6, 2023
Note
horizontal shape looks like a consolidation, a breakdown goes to 2.60 or less, a breakup would be significantly bullish.
Dec 6, 2023
Note
2.5 area reached. tomorrow is the natural gas report. Important to hold this level.
Dec 6, 2023
Note
closer view - aa little lower to break the channel would be typical. If they don't back bounce into the channel, it's going lower.
Dec 7, 2023
Note
If nat gas can back into the channel it's more bullish. EIA numbers today at 1030am.
Dec 7, 2023
Note
we are holding the channel so far - bulls want to see this hold today, Under 2.5 would be bearish (for me at least)
Dec 7, 2023
Note
if it's a cup and handle, target is mid 5's on NG
Dec 11, 2023
Note
nat gas lost 2.50 overnight - bearish. we're at support, but it may go lower. watching for a capitulation move.
Dec 12, 2023
Note
nat gas back to it's channel, a recapture would be bullish.
Jan 17
Note
Gas had a nice run and this looks like the end of the first major retracement.
Chart Patterns
Technical Indicators
Natural Gas
UNG
Wave Analysis
the_sunship
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