Looks like trying to get support

shopping 4 Christmas for wife and daughter
Putting in a 200 foot zip line in back yard for Christmas for grandkids
Material will be here by tomorrow
Install zip line and platform next week
Be 6 feet off ground to nothing
Will have Good fall

edit
When used chart like that for pinchers
Used PPO instead of macd
Mace some times got u in to early
PPO was little slower but usually didn’t get caught as much in bad spots

Built several pincher scans
Used to make some big bucks off Um


cc

believe this to be
mind games they playing on traders

it'z shake n bake time

notice how it'z going way up
then back down
and
back up
maken um let go

we will have snow here by week end
we never have snow.....maybe every 10 years



cc

are those TOS charts





cc

thanks for updates

been away from computer

cc

agree about 3.12
before that needs get past 3.00

with cold coming in we should get to 3.00
maybe 3.12



cc

what is the weather compared to last years temps
is what could move natty

in my neck of the woods
we are about 10 degrees less per day for next 2 weeks
than we were last year




cc

EIA's domestic gas forecasts have been notionally reliable over the past several years. Increased consumption and exports should keep supplies relatively tight, and prices reasonably strong.



Bernstein Research published a report in May ("Inventory a plenty in Appalachia- we estimate at least 20 years of drilling remain") that predicted 19-37 years of Marcellus-Utica "inventory at a steady-state production profile of 36 Bcfd"---current production is about 24 bcf/d. I know of no other oil or gas field in the history of the world with a trajectory of increasing production for so long.



Gas production has increased since January, and the EIA forecasts that this will continue through 2018. Yet, EIA data also indicates continuing tight supply. That is because demand is increasing while pipeline and LNG exports are increasing.




cc

EIA's domestic gas forecasts have been notionally reliable over the past several years. Increased consumption and exports should keep supplies relatively tight, and prices reasonably strong.



Bernstein Research published a report in May ("Inventory a plenty in Appalachia- we estimate at least 20 years of drilling remain") that predicted 19-37 years of Marcellus-Utica "inventory at a steady-state production profile of 36 Bcfd"---current production is about 24 bcf/d. I know of no other oil or gas field in the history of the world with a trajectory of increasing production for so long.



Gas production has increased since January, and the EIA forecasts that this will continue through 2018. Yet, EIA data also indicates continuing tight supply. That is because demand is increasing while pipeline and LNG exports are increasing.


https://www.forbes.com/sites/arthurberman/2017/07/05/shale-gas-is-not-a-revolution/#7a0f493431b5

cc

next couple weeks we will be 10 degrees less per day than last year

heater turned on to keep warm

example:

Dec 9 th
Low.....Normal = 41.....today = 30







cc

ran out of posts today

do we head to 3.20 ish

maybe




cc

Hedge Funds.....when do they cover shorts


Date...........Short Volume.....Total Volume.....Short Percent
12-04-2017......14,471,225.....21,650,060.....66.84%
12-01-2017......4,070,439.......9,004,112.....45.21%


cc

are we looking at 6 's
soon






cc

Jan contract = 2.898
Feb contract = 2.906

big spread
buying coming back into Feb contracts

Cash now 2.900 ..... up .06



cc

Jan contract = 2.898
Feb contract = 2.906

big spread
buying coming back into Feb contracts

Cash now 2.900 ..... up .06



cc

you should be ok
we could run to high 9's or low 10's





cc

7.35 was my target

4 hr chart
made a reverse H & S formation
if this holds

edit.....

picked bottom 2.89 off 11-23 low for reverse H & S location

if the long wic holds
we could have made our bottom

shall see how it plays out




cc

7.35 was my target

4 hr chart
made a reverse H & S formation
if this holds

edit.....

picked bottom 2.89 off 11-23 low for reverse H & S location

if the long wic holds
we could have made our bottom

shall see how it plays out




cc

picked up some U @ 7.63 and 7.35

we could have just made a reverse H & S



cc

picked up some U @ 7.35



cc

do we see lower



7.35 ish




cc

got a few U @ 7.63

edit.....


natty could possibly go to 2.80
or
could we have a double bottom from here


filled the gap


have some cash on hand


cc

evident I did it
thought put in sell all.....

we will go up.....when..... ????

short covering

prefer to see us go side ways for a bit
then upward

shall see



cc

Demand of Natural Gas......supply greater than demand



Total demand............Average daily values (Bcf/d):

this week......80.8
last week......85.4
last year......81.0


Total supply............Average daily values (Bcf/d):

this week......81.9
last week......81.2
last year......76.8

cc

Demand vs Supply


https://www.eia.gov/naturalgas/weekly/#tabs-supply-2




cc

Demand of Natural Gas



Total demand............Average daily values (Bcf/d):

this week......80.8
last week......85.4
last year......81.0


Total supply............Average daily values (Bcf/d):

this week......81.9
last week......81.2
last year......76.8

cc

will it fill the bottom of the gap
2.90 is bottom

or

go lower



cc

u have to stay on ur toes with natty
they can keep this up rest of the year
into next year
all legal

why u can't rely on others to do ur trading with these ETF's
can turn on a dime on you

had 400 shares of U and thought had sold all 400 shares last week
but
when entered sell order only 300 showed up for sale order
have 100 shares of UGAZ at price from last week
will get rid of them.....but.....they should have sold friday when I sold the other 300 shares

ugghhhhhhhhh.....screwed


cc

it is plain and simple
Hedge Funds screwed retail

like I said early this morning
would not be surprised if natty was taken down today

look at shortz
http://volumebot.com/?s=UGAZ

Date..................Short volume.......total volume........Short percentage
12-04-2017.......14,471,225..........21,650,060..........66.84%

cc

SD.....there are actually 3 posts on S/A ot chose from

sorry for the double post on here and DGAZ board

Here are three S/A articles posted today.....
take ur pic.....which one you want to believe in

while this article is negative on natty
https://seekingalpha.com/article/4129540-natural-gas-moving-lower-despite-bullish-weather-going?

This S/A article is posative on natty
https://seekingalpha.com/article/4129132-natural-gas-fails?

Another S//a article for today
Natural Gas Fails Again

https://seekingalpha.com/article/4129132-natural-gas-fails?

cc




cc

The slump in natural gas comes as data showed hedge funds raised their bearish bets on natural gas despite reports of a large storm expected to impact the central, Midwestern and eastern U.S. this week.
Money managers boosted bearish U.S. natural gas wagers by 23% in the week ended Nov. 28, the biggest jump since early June, according to CFTC data.

Here are three S/A articles posted today.....
take ur pic.....which one you want to believe in

while this article is negative on natty
https://seekingalpha.com/article/4129540-natural-gas-moving-lower-despite-bullish-weather-going?

This S/A article is posative on natty
https://seekingalpha.com/article/4129132-natural-gas-fails?

Another S/A article for today
Natural Gas Fails Again

https://seekingalpha.com/article/4129132-natural-gas-fails?

cc

The slump in natural gas comes as data showed hedge funds raised their bearish bets on natural gas despite reports of a large storm expected to impact the central, Midwestern and eastern U.S. this week.
Money managers boosted bearish U.S. natural gas wagers by 23% in the week ended Nov. 28, the biggest jump since early June, according to CFTC data.

These S/A articles are pure BS.....take ur pic

while this article is negative on natty
https://seekingalpha.com/article/4129540-natural-gas-moving-lower-despite-bullish-weather-going?

This S/A article is posative on natty
https://seekingalpha.com/article/4129132-natural-gas-fails?



cc

Yes we are trading off forward futures contracts
They play a great importance in trading natty

we need watch forward months contracts
not totally sure cash price plays that much importance in runs up or down

cc

You’re correct
depends on what narrative they want to portray



Supply versus demand
- expectations for storage versus over expectation
Too many hot days vs couple days

All depends on what negative they want to pursue


cc

Natty has not been kind
Would not be surprised if we hit 7.35 ish

cc

still have the gap to fill

woahhhhhhhhhhhhh nasty natty







cc

wouldn't be surprised if they don't try n drop natty on us today
tried 4 times to break the 3.12 ish ceiling and couldn't


dirty little natty




cc

just blew tru 12 k contracts @ 9.17

blew tru 40 k contracts @ 9.12



cc

see if holds
for in morning




cc

Jan....contract pre-market natty is 3.05

bid = 3.05
Ask = 3.05

opens in 11 min

looks like gap up




cc