Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Could be short term. Hopping they cover after report. Also could be large trader discounting short term cold wx...
I guess it matters a bit who is buying and selling UGAZ. The real issue is the large selling of futures that has been occurring on NG.
Watch NGF8 and NGG8 the ask is at minimum 2/1 to bid. They raise a bit then slam it again...Dont like what i have been seeing last few days...Does not look like short covering to me..
GLTU
NP least I can do!
Scenario A -I think from a UGAZ perspective it stays in this range possible dip to 6.90sh with report then a rip Thursday afternoon and Friday possible 8.50...
Scenario B- Shorts cover we head to 8.00/8.25 before report. Dip to 7.30/7.50 on report. then rip Thursday and Friday to 8.50
Yup Thats my story TM!
who knows. NG 2.85 = UGAZ 7.20
Out 8.56 Looking for 8.36 again
Hope it holds, good pickup Dollar
NG 2.88 = UGAZ 7.30/7.40 Could go lower I dont see it.
Sold my 8.70 last night for a lost at 8.17 small bag. Thought she would dip this PM...No sense in keeping a losing trade rather leverage the money I had left over from trade.
Although the better move was to buy DGAZ last night! oh well.
In lots of cash looking to buy!
GLTA
TY WR...Find a nice entry in DGAZ 23/26 and sit till end of Feb 35/42...
With scalps here and there in January.
GLTA Hoping green trades for everyone on both boards.
I'm not even too sure about 9.20 again but anything can happen with crazy Natty!
If I see 3.12 Im out and will wait for entry in DGAZ. Much better lay with current NG fundamentals.
3.06/3.08/3.12/3.15 We need Wx to support it. However we had HDD ensembles as cold as I've seen this winter and NG dropped. Who knows But I don't expect to see 3.20 again this winter! 3.15 maybe!
GLTU
Does not surprise me that they make all Ensembles bullish over weekend gap it up this morning and pull the rug when everything looked bullish and all are loading.
Pivot was NG 3.11/3.12 she was a sell not a buy.
I sold 9.16/9.18 of a position I held over weekend was planning on loading DGAZ for a buck (never thought she would actually give me almost 4 bucks..Could not pull trigger and for some weird reason I bought UGAZ at 8.70...Too high..(Small bag)..
At this point I think they take it down tomorrow and Wednesday morning before reversal. Looking for the UGAZ low next session or 2.
Pretty sure we see at least UGAZ 9.20 again!
U/D roll over starts This Thursday 20% everyday. Front and back month even money. Need to watch cash.!
GLTA
Nice job Herb!
NG 2.90 Gap....UGAZ = 7.45sh Would love to load there! Anything under UGAZ 7.80 is nice! At minimum we try NG 3.12 again UGAZ 9.20 if we break next stop is NG 31.5 = UGAZ 9.60sh....
GLTA
Have a small lot at 8.70...Im waiting patiently for <8.00 to dive in....
Nice Job Herb!
Sold 9.16/9.18
Buying 8.70
GLTU Herbster!
TY....
NG End User Comsumption:
https://www.eia.gov/dnav/ng/ng_cons_sum_a_EPG0_VC0_mmcf_a.htm
Okay with me ready for those high 7's!