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TFC Commodity Trading Forum

Re: Nat Gas/Lee/Trades
In Response To: Re: Nat Gas/Lee ()

Hi Trades,
Thanks much !!!

I can clearly see what you are talking about.

I was about to comment on the chart you just posted. Thanks.

Just on the daily chart from 8/5 forward, Ng has stayed in a pretty tight trading range [3.82 tp 4.05] leaving out the 2 day blips to 4.15.

It can't stay pinned in here for ever !!!

Consumption has been down, and should stay down until "heating season" begins in earnest. The run up in price you mention always seems to lead into heating season.

I agree, now is the time to keep a close eye on things !!!

Thanks, Lee
Do you have any thoughts on RSI and MACD settings for a 1 or 2 min. Intraday chart ???
Will likely have to roll to DXZ and NGX (NOV) early next week.