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Natural Gas Futures - Jun 24 (MNGc2)

MCX
Currency in INR
Disclaimer
213.00
+1.70(+0.80%)
Real-time Data

Natural Gas Futures Discussions

Today's projected +10 BCF injection is 1 BCF smaller than yesterday's 10 BCF build. It is 5 BCF bullish compared to last year's +14 BCF build and 3 BCF bullish versus the 5-year average 13 BCF/day build.
Rest of the week is 15bcf injection per day loom at tge dmand its floored
First support at 2.27 $ , if breaks and stay below it till 10:00 am further drop will follow till 2.15 $ area !! !!
10:00 am EDT
there only up target 3$ NXT week
2.290 below Sustained will go more down
Out of longs till 8:40 am EDT !! Will decide then if enter again long or not !!
Underground storage capacity utilization Louisiana and Texas 76%
i think will catch from yesterday's low
Nice.
exited at good price. now no trades waiting for good dip again
It's a crime if someone makes you do NG-related work and you don't pay your salary, and it's violence.
Clueless are spreading fear , NG price is based on demand and supply, crazy 😜are are just throwing the prices. Price may change based on Rig count report. NG price will not go down because you are shorting now😝
Do you really believe that? Next week if price will drop the experts will come with another BS explanation as the demand is not so strong or the 5y avg stock is too high. The real money are in oil , here only manipulation
It's verbal abuse and a crime to force others too much in the direction you think about and put pressure on them. Because you can be wrong. That's because you can be wrong for more than a month.
100 MA is the new gap to be closed !! February first it dropped like a stone near 2.044 $ !! TP by sunday at reopening bell could be 2.044 $ !! Stay safe and close your longs both at next spike or at the first red leg coming today ..
Until I see any weakness there really isnt any point in selling long position.
If we have suffered for more than a month and have worked, a monthly salary of more than a month should be incurred. If a loss occurs only for more than a month, it is the sinner who induces it.
Today will drp like a stone as soon as USA will open the market !!
at what time us market opens
2:30 uk time
On the upside, the January 25 high at $2.33 has been broken and the high of Monday at $2.40 is taking its place. Once through there, prices could steamroll towards the 200-day Simple Moving Average (SMA) at $2.54. On the downside, a double belt is awaiting to provide support with the 100-day SMA at $2.09 and the pivotal level at $2.11 low of April 14, 2023 . Should this support above 2.00 not hold, then the ascending green trendline near $1.93 together with the 55-day SMA should avoid a further downturn
thinking the Biden admin will allow ng to run with gasoline running hot as well is...naiv
if they take it high enough for long enough I am optimistic enough that producers will increase production and it will go lower then people think
but the flip side of having less supply than demand works just as good
I am ready for any scenario
Keep thinking like that! I like it. Money to be made both sides
Congrats, All of bulls
Even if it goes in the reverse direction again, you are already sinners.
we will see a drop in NG till around 2.26, then the uphill rally starts crossing 2.38 and possibly 2.4
So u are multi millionaire now.
Those who have made a loss to someone else for two months, get out of the corner over there.
Now, even if this goes in the reverse direction again, they don't deserve to be bossy, as it's already been a loss confirmation for two months.
Natural gas prices are approaching a 14-week high, driven by a combination of supply and demand factors that are beginning to trim the storage surplus
driven by manipulation , the rest is BS. MM saw many in short positions and drove the market in the opposite direction.
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