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Re: Natgas Weekly Chart
In Response To: Re: Natgas Weekly Chart ()

Yup, I got gas, lol!

Certainly a great finish to both the week and month for NG hey Ronbo. My positions were popping up very nicely today indeed! Would like to see one more up-week to confirm. A break above the January highs would put a big exclamation point on it all and really get the ball rolling forward me thinks. Will put up the monthly chart when I get the chance.

There are certainly a lot of confused and mystified NG bears out there right now...they figure this just shouldn't be happening in a North American market awash in the stuff, especially during the soft shoulder season between cold winter heating and hot summer cooling...but a young emerging bull won't be concerned about oversupply anyway when things get humming...ultimately this will be a market led by burgeoning demand as the U.S. finally steers towards energy independence IMHO.

Messages In This Thread

Re: Natgas Weekly Chart