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Natural Gas Futures - Jun 24 (NGc1)

CME
Currency in USD
Disclaimer
2.819
-0.023(-0.81%)
Delayed Data

Natural Gas Futures Discussions

possible 3.39
-22
When is the July contract rollover? I cannot find it
29 - 5 here …tonight on plus 500
today -10
technically retracement along with sentiments ie 2.5
It's like Tesla
NG market is much worse than casino, it's like to play poker against someone who can see your cards (= stop-losses of retail)
you are playing against computer
There is still lot of gap between this contract and next contract
Patience. Learn this concept
We cannot fight against the market as it's always right. Whether manipulation or irrational it's good earned money at stake. Do your own due diligence.
At trading do not get married to your positions. If wrong best is to hedge or get out by taking loss. Trend keep changing.
Big bankruptcy coming for bears
level to buy?
big fall is coming, hahaha, 2.97 today
Did you see the storage forecast?
let's gooo sub dollar
this crap doesn't fall.
Falling soon. Run for life
are we rethinking the irrational efficient market
this will fall if shorters close position others go up, no depends on storage or report, casino
Numbers from Fibonacci extension next are 3.2 (3.313)fibo and 3.7 (4.444) capital platfor if that plays out
it will fall before report
As per STEO, U.S. dry natural gas production to fall by 2% from the first quarter of 2024 (1Q24) to 2Q24 as a result of low natural gas prices. We expect 1% less natural gas will be produced in the United States in 2024 than last year
interesting how this -1% can make price go 2-5x
2.97 today, buy at dip
natural gas buy only above 2.847 with sl below day low. target : 2.926 / 2.968. intra.
30% glut but it keeps going up past previous highs when there was no massive glut. Entertaining isn't it?, production will increase due to price increases. It's inevitable.
Am sure you know that commodities are cyclic… we are now in a high demand-low supply cycle and the the production must increase balance out the demand and supply…. Previous cycle was low demand -high supply and lasted almost 6 month so do not be surprised if prices keep moving higher for 6 month and reach the $5 level
Sam Ali, blocked.. I have heard enough, you don't know what you talking about, low supply??
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