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Natural Gas – February 12, 2024
Posted on February 12, 2024 Leave a Comment
The Monthly (continuous contract) Natural Gas pattern has failed. CTRL-ALT – DEL UNG: expect support in/around 10-12, wait for a WEEKLY/MONTHLY signal reversal and BUY. Take note of the RSI – haven’t pulled this rabbit out of the hat in a long time but – someone take a look and check on me – but […]
Natural Gas – November 28, 2023
Posted on November 28, 2023 Leave a Comment
Natural Gas is at a very key junction w/ regard to price and a bullish move. This is based on the MAJOR buy pattern on the monthly shown below. That pattern hit w/ both PRICE and TIME and that is the reason this “huge support” shown is such a big deal on the Nat Gas. […]
Natural Gas/UNG – April 4, 2023
Posted on April 4, 2023 3 Comments
Last Post: https://atomic-temporary-44460632.wpcomstaging.com/2023/03/20/natural-gas-ung-march-20-2023/ Well, the pain cave continues as I’m keeping my position and searching for a “low” in UNG. I’ve updated the count because recent price action has gone below the low made in 2021 (UNG) but, as you can see, the futures has not broken below the low. UNG and the futures “try” […]
UNG/Natural Gas Update again …
Posted on April 6, 2021 Leave a Comment
last post on Natural Gas: https://atomic-temporary-44460632.wpcomstaging.com/2021/03/14/ung-nat-gas-update/ I’ve had a couple people text me over the past couple days regarding Natural Gas and UNG. well, right now UNG is definitely a dog and I went a little red today but I’m going to stay w/ this one because 1/ this is a LONG TERM play and […]
UNG / Nat Gas update
Posted on March 14, 2021 1 Comment
last post: https://atomic-temporary-44460632.wpcomstaging.com/2020/12/03/natural-gas-and-ung/ update: rolling into a BUY zone for both futures and UNG. IF the thesis that a BIG low is in place THEN we should find support and then continue upward. take time to look at the long term Nat Gas Continuous Contract chart … you can see the “major” trend line which […]
Natural Gas and UNG
Posted on December 3, 2020 1 Comment
if you search for Natural Gas on the blog, you’ll see for almost 3 years – yes 3 years, I’ve been flirting w/ a low (big low) on Nat Gas and looking for the pop … back in 2017 we ID’d a pop but it quickly got run over. Wrong …and, since then, I’ve really […]
Natural Gas carving out a low?
Posted on August 5, 2017 Leave a Comment
08/05/2017 – was asked to take a look at NATGAS again … I still feel we are in a consolidative or bottoming period. and the “we are here” from my last post is still valid. note we have a head and shoulders forming .. key support is the .786 at 2.713 and then the neckline […]
Natural Gas (NATGAS) NG #F
Posted on July 31, 2016 Leave a Comment
folks, for those of you have been following me for a while you know that sometimes you eat the bar and sometimes the bar eats you. (man I love that movie … the Big Labowski) anyway, the “bar has eaten me” on Natural Gas. I played w/ a foldback pattern that REALLY looked nice and […]