ProShares Ultra DJ-UBS Natural Gas (2x) (BOIL)

[Dubster watching]

Going in! Slowly

[dealerschool2006]

good for you...I see #natgas going down close to all time lows this week...we will see...and that will be a great buy for $BOIL or short $KOLD which might be a better option to take advantage of the decay...

[Dubster watching]

Cant resist, got 3.5%!
See y’all next week

[Dubster watching]

Unexpected pop. The reports are now coming out confirming what I was saying about supply.

[Dubster watching]

2 orders filled yesterday for my next trip.

This might sound crazy but I’m feeling like holding a core here soon!
Nat Gas can surprise to the upside when storage and inventory is honestly reported.
Just sayin…

[looking 4 a win]

Was that an R/S in July of ‘23?

[Dubster watching]

Sold for 4.5%

[dealerschool2006]

I'm looking @ 12.50 or lower to get into $BOIL...depends how #natgas is running...

[Dubster watching]

Just threw a few random orders in. Gonna fond out what it will get down to.
I expect 3% or more to lift shortly

[Dubster watching]

Im looking to get a few of these 8% down for a small blip

[dealerschool2006]

just sold BOIL @ 13.55 I admit I bot in a little high coulda sold yesterday before opening but I was hoping for a good report today...

[DBS]

Nice day today!

[Dubster watching]

Pop!

[Dubster watching]

5.25% sold most.

[usaphilippines]

Still waiting for it to bleed into the $11s but naughty gas cant stay this way forever, producers are losing lots of money, ngas will get pumped soon.

[dealerschool2006]

NG report supposed to be out tomorrow...

[usaphilippines]

On watch for an entry

[Dubster watching]

Just rung the bell!!
Finally a familiar set up, let’s rock!!

[Brokemillwright]

..... See if my lower target holds

[Brokemillwright]

Again, saying you own your profile pic (which is a clown) isn't bullying. I coulda said, hey dingbat you were so confident in the gap fill being pivotal. What a complete moron! You said Nat gas wouldn't go any lower and a week later you been proven to be a clown in your avatar! But I didnt, simply stated you own your profile pic and i can see that little clown makeup getting ruined by your tears. Stupid and soft. Do your own research and stop depending on others to do it for you like here and tellurian. I have an idea where it'll go, but nobody can predict the market. Low hi low is a hint. Maybe put on your thinking cap about my one message that was way over your head. You've been here since 2006, stop acting like a demanding little snowflake teenager

[Mean Weimaraner]

Bullying is definitely needed. Now more than ever

[dealerschool2006]

pointing out you bullying doesn't make me soft...there's a way to communicate with peeps and there's a rude way...you want to choose rude FINE...BUT OWN IT!!!admit you are rude then we all know who we are dealing with...btw you're acting like Sheldon Cooper and you rnt even close...everybody sees things differently no need to call out their errors...do you have a handle which way #natgas is moving...please tell...

[Dubster watching]

It’s going to turn up soon.
I haven’t decided what, when to take it for a trade again. The range hasn’t triggered a move based on a formula I followed here for a long time.
I’ll wait a bit.

[Brokemillwright]

Wait wait wait...... Holding dimwits accountable for calling bottoms or tops when wrong is bullying! This is why there should not be participation trophy's and actually bullying in school is needed. Americans are so soft of dumb now days. As for ideas, I replied to somebody else and you pipe up you didn't know what I was talking about. Soft and dumb.

[dealerschool2006]

I just bot BOIL at 13.5433...

[dealerschool2006]

I'm spoofing YOU!!! learn to read...looks like you like to bully many peeps...not hapennen here...I've updated my stance...HELLOOO!!! watching and waiting for BOIL to go down some more before opening bell...YOU GOT ANY BRIGHT IDEAS EINSTEIN???

[Brokemillwright]

You sure own your profile pic lol

[dealerschool2006]

NG will have definitely gap down...we'll see how far down she goes today...

[Dragonfart]

I do think we are close to bottomed, maybe one more low

[DBS]

My average is around mid 13.50's so I'm ok with a brief dip then up to $2 on NG and I'll be out with a decent profit. Although, I have a stop around 13.20 because then we could get a lower low on NG. We'll see...

GL

[dealerschool2006]

03/15 Close was 1.781 since then gap hasn't filled...prolly Monday...a brief dip for BOIL as well...

[DBS]

Added some more at 13.61. Lets pop today.

[DBS]

Added some more to my stash at 13.72.

[dealerschool2006]

sold BOIL 14.32 ... put in order for 13.50...

[dealerschool2006]

I don't understand what that means...

[Brokemillwright]

Played with some fibs and I can see that, $2.88 is the 1.618 I get

[dealerschool2006]

ya adjusted buy BOIL order for 13.77...

[dealerschool2006]

wow...not much of a miss...BOIL has wild swings during the day I expected NG to go a little bit lower...I expect it to go back to fill the gap @ 1.789...I bot BOIL too high the other day so I'm waiting for it to fall...I could have bot into BOIl but the way this volatility is...too risky...I might have to reduce my buyin price to 13.46 in anticipation of NG filling the gap from 03/18...

[Brokemillwright]

Good ol swing and a miss there huh? Missed it by .10

[dealerschool2006]

sold BOIL 14.75 AH put in buy order BOIL $ 14.27...

[Dubster watching]

https://tradingeconomics.com/commodity/natural-gas

[DBS]

Forgot to post Friday. Back in at $13.51 with 1K starter...

[dealerschool2006]

wouldn't reduction in gas flow increase the price of #NATGAS ??? and $BOIL ??? can you also provide a link and use the ticker BOIL in your posts so that these posts can be seen in the ticker stream???

[Dubster watching]

US natural gas futures increased to $1.69/MMBtu, rebounding from a three-week low following the EIA's storage draw report. The government data showed that US utilities withdrew 9 billion cubic feet of natural gas from storage last week, surpassing market expectations of a 3 bcf draw. Additionally, CNX Resources also announced a reduction in well completions and gas production for the year due to lower prices. In the past month, US gas output has declined by 6%, with companies like EQT and Chesapeake Energy deliberately cutting production. Despite these factors, natural gas prices are expected to decrease for the second consecutive week due to an extended outage at Freeport train 3, which is restricting gas flow to LNG export facilities. The timeline for the Freeport LNG outage remains unclear, delaying a return to normal US LNG feedgas levels until the plant resumes full operations, anticipated in mid- to late-March.

[Dubster watching]

Natural Gas Futures Rebound on Storage Draw, Possible Freeport LNG Restart; Cash Bounces

[dealerschool2006]

doesn't look like NG going any lower...that gap was the key for a reversal...looking to buy BOIL today...

[Dubster watching]

A welcome bounce! I agree there is additional support testing in the near.
Careful

[Brokemillwright]

Maybe for a bounce, Nat gas chart show 2 more lows from what I watch and hopefully that'll be long term lows

[govprs]

Is 14 a good entry point?

[looking 4 a win]

Looks prime for buying a hand full of calls.