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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. […]
UNG – July 6, 2023
Posted on July 6, 2023 Leave a Comment
Last post on UNG/Nat Gas: https://atomic-temporary-44460632.wpcomstaging.com/2023/04/04/natural-gas-ung-april-4-2023/ Looks like a pretty clear 5 waves up that doesn’t break any rules … and now a nice 3 wave correction for the buys zone in the 6.60 “area.” Again, this entire thesis is predicated on the long term MONTHLY PATTERN of the Natural Gas Futures below. We “should” […]
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” […]
Natural Gas Part II-February 24, 2023
Posted on February 24, 2023 3 Comments
This morning I posted the “measured move” on the Continuous Contract Nat Gas Futures from a monthly scale. Here is the link: https://atomic-temporary-44460632.wpcomstaging.com/2023/02/24/natural-gas-february-24-2023/ Measured Moves are the most underutilized YET most POWERFUL tool in our toolbox. I think people don’t use them because they clutter their charts w/ lagging, coincident indicators … moving averages, bollinger […]
Natural Gas – February 24, 2023
Posted on February 24, 2023 3 Comments
It’s been a while since I blogged about Natural Gas. And, what a ride it has been …because those of you who have been following me for a while, know that I got into UNG around 9 bucks almost two years ago and -GUESS WHAT – I’m still holding it! Yes, probably the dumbest thing […]
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 […]