ya, maybe...the economy is doing well, inflation is going down...I don't see a major correction coming soon...how long have we been calling for one??? and up goes the markets all the while...I told a friend at work to wait 2 years...what do I know???

Maybe the tower won't fall for a couple years...https://finance.yahoo.com/news/wells-fargo-strategist-says-investors-123500943.html

I'm pretty sure that was a good bet...hoping $BOIL goes up 7 more points by end of Friday!!!

unless you are looking at Futures...I wouldn't worry about gaps...and there was a gap that got filled on the futures #natgas chart but that wasn't a technical thing, that was a fundamental thing of supply vs demand which resulted in loss of price...I'm hoping for a short squeeze this week...

$BOIL and $KOLD rolling over to X24...Novemeber 2024...I like the direction #natgas went today...

I was off by a month with my TZA calls...damn it...

^NGU24 and $NATGAS are 2 distinctive charts...I wasn't aware that SC has NG September as ^NGU24 ... with the ^ in front of NGU24 ... and I'll believe the reversal when I see it...been hoping for a reversal ever since I bot $BOIL calls...

there is no gap on the Futures chart and gaps don't always get filled sometimes gaps show up from rollover to the next month...this is the chart that $BOIL and $KOLD follow...much different chart than SC...https://www.barchart.com/futures/quotes/NGU24/interactive-chart

After today I'm ready to see #natgas go below Zero and get in @ 1 cent when it rebounds...I was looking at $GUSH and $NRGU where they were trading when #crude went below zero 4 years ago...best time to get in was when oil rebounded above zero...NRGU incidentally has been dissolved...https://finance.yahoo.com/news/bmo-announces-redemption-four-exchange-210000534.html

you would think so but SC is not the chart to use...#natgas was doing fine after weekly report showed a much smaller number for injections then Bloomberg and S&P came out with a more realistic data number and NG just fell through the floor...chart says it's over sold but bears are in control now...this is a better chart to use since it reflects upon $BOIL and $KOLD for now...https://www.barchart.com/futures/quotes/NGu24/interactive-chart

Yellowstone is a serious disaster waiting to happen...HUGE geothermic activity in that area...could be the next Volcano...

BOIL will gap up further than #natgas gas...and when NG gaps up most likely it fills the gap...I suggest following NG chart before making your decisions on BOIL and KOLD...NG is trading fundamentals while its low in its cycle...last week shorts attacked the price and sent it down further because Freeport was still having issues they sent a lot of Vessels away but were able to fill one over the weekend...another Vessel arrived today and is waiting to get filled...EQT reported earnings and stated they will increase production that's why NG was falling after hours...but this was already known...Bears are trying to take NG back down but I doubt they will succeed again...BOIL is a buy irregradless to it's volatility...hold for a few weeks and voila...

thanx...I was thinking low of year...

what does Stops at LOY mean???

Chart lows change switching 1yr - 2yr ... https://www.barchart.com/futures/quotes/NGU24/interactive-chart

Why is that???

still would have been a nice play...in and out LCID will pop once in awhile then go back down...I shoulda gone all in...

go for it...too late for me...

This came out today...but those that knew about this last week may have shorted #natgas on Friday and continued the trend...https://worldoil.com/news/2024/7/17/freeport-lng-to-restart-gas-production-following-hurricane-beryl-damage-in-texas/ Found this on X I find very useful info there...of course $BOIL is sinking but hopefully this week there will be buying pressure and next week Sept NG will be back up to 2.33 and beyond...I always follow the month used for the ETFs...

my $TZA options expire tomorrow...so I really don't care anymore...sometime there will be a correction...looks like there wasn't much of one last month...

Ya, that's how i felt when I sold $BOIL too soon...Hurricane Beryl did a number on the price of #natgas...Friday seemed like a reversal then yesterday slammed back down and more...when NG goes up its gonna pop from a short squeez!!! I'm ready....

I'm waiting till $BOIL goes back up to the 20s or see where we are next month...I can't flip because I'm asleep during market hours...I had an alarm to wake me up for this trade...Freeport has 4 LNG tankers waiting for filling which means #natgas should go back up...also we're nearing the bull season for NG...

Bot BOIL Aug 16 '24 $17 Call @ 0.37 ... underlying price was 12.31...

Bot BOIL Aug 16 '24 $17 Call @ 0.37 ... underlying price was 12.31...

Bot BOIL Aug 16 '24 $18 Call @ $0.26 partial fill ... spread changed after transaction...will wait for tomorrow....underlying price around 12.03...

Bot BOIL Aug 16 '24 $18 Call @ $0.26 partial fill ... spread changed after transaction...will wait for tomorrow....

nothing is priced in...#natgas continues to fall and so does $BOIL...maybe bottom tomorrow...I'm looking @ Aug 16 options @ 18 ...seems to be best value....waiting to see if underlying price goes below 12 to get in cheaper...

and that's due to the favorable CPI report today....we'll see what happens next week...hoping I can salvage some $$$ off my TZA options...I'm looking to get into $BOIL but #natgas doesn't want to stop falling...

#natgas approaching oversold conditions which means $BOIL could be close to high 11s depending on the EIA report this morning and whether its Bullish or Bearish....either way get in early like last Friday at EOD and pps goes down a notch or wait for a buy alert when it's 3 notches or higher??? Hmmmm...we'll see what happens tomorrow...

last week a July 19 $3 call was I believe .08 ...now being in the money it was .25 ...that's 3xs gain lost opportunity...but I'm not sure if I would have taken the risk or not...

ya well...$LCID made it past $3.00 which would have been a nice flip in options...

looks like $BOIL and #natgas has bottomed out...

I doubt #NATGAS will go down much lower that being said $BOIL has more upside than downside...so if it is a buy now and it goes lower it's not going too much lower...and the pair are rolling over to this week to a future month from Sept...

I have 2 weeks for $TZA to get to 22...I'm hoping the $RUT falls below 2,000 by that time...otherwise I have to work on damage control...in the mean time I'm waiting for #natgas to bottom for a $BOIL entry...

$KOLD and $BOIL will be rolling over from September #natgas to Oct or beyond...those are the charts to look at....there's a gap to fill @ 2.206 for Sept...but those usually don't get filled due to rolling over from month to month...Oct gap is 2.287...so I anticipate NG goes down more next week to get closer to that gap...I will be surprised if the price gets that low or lower...but my call on $KOLD actually turned out...that's because I didn't put my $$$ where my mouth is...Ng woulda been @ 4 had I pushed the trigger...that's how it feels anyway...

did you see what $LCID did yesterday???

#natgas still looking grim but found this channel that does really good ANALysis...I'm wondering if today's low was bottom...tomorrow half day then Friday is vacay day for big boys...so we will see Monday maybe for confirmation...but I like to get in early once I see a reversal happen...

ya, tanx...just waiting for a breakdown...well hoping for a breakdown...there's 2 ways of looking at the IWM chart...

I found a cool $RUT weekly chart but I don't know how helpful it is...https://x.com/VictoriaViorela/status/1807780945430221103/photo/1

#natgas going into over sold territory...bottom next week maybe...$BOIL options are calling me...

well $RUT hasn't gone down as I expected but still time to fall some more...I can look at it both ways as if there's a reversal in store or a channel down and today was a lower high...love to see a lower low next week...