Natural Gas at historically significant levels.

4 Des 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!

4 Des 2023

Catatan

4 hr channel on Nat gas futures.

5 Des 2023

Catatan

looking better this morning, needs to get over 3 dollars for the majority to notice.

6 Des 2023

Catatan

horizontal shape looks like a consolidation, a breakdown goes to 2.60 or less, a breakup would be significantly bullish.

6 Des 2023

Catatan

2.5 area reached. tomorrow is the natural gas report. Important to hold this level.

6 Des 2023

Catatan

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.

7 Des 2023

Catatan

If nat gas can back into the channel it's more bullish. EIA numbers today at 1030am.

7 Des 2023

Catatan

we are holding the channel so far - bulls want to see this hold today, Under 2.5 would be bearish (for me at least)

7 Des 2023

Catatan

if it's a cup and handle, target is mid 5's on NG

11 Des 2023

Catatan

nat gas lost 2.50 overnight - bearish. we're at support, but it may go lower. watching for a capitulation move.

12 Des 2023

Catatan

nat gas back to it's channel, a recapture would be bullish.

17 Jan 2024

Catatan

Gas had a nice run and this looks like the end of the first major retracement.