Nat Gas; Dip then Rip

30 giu

A slight breather as expected for NG prices after such a strong reversal, from the storage report lows on 6/27/2025. Support for NG based on volume looks to be in the $3.55 to $3.65 range, before continuing a move up to $4+. NG1!

1 lug

Trade attivo

Bearish Momentum, took us further down than the $3.55 & $3.50 support levels, driven by more than expected cooling in the weather models. We seem to have finally found support, and bounced very strongly off of the $3.30 level.

1 lug

Nota

Bulls have taken back the crucial price level of $3.40, a 10 point+ reversal from the morning low, if they hold until close we've found a new support level in the $3.40's.

2 lug

Nota

Bulls pushed up to a morning high of $3.52, a remarkable reversal from yesterday’s low, and a great sign given that the weather models have yet to heat back up. Slight profit taking occurring, but we should see more supportive buying throughout the day.

3 lug

Nota

I believe bulls have supported the $3.50 level, through the early part of this session, and with a bullish storage report we will continue the march up!

3 lug

Trade chiuso: stop raggiunto

Bearish miss on the storage report, all bullish momentum has been killed until the heat shows back up in the models. It been a great run since the lows, of the session I made this post. From $3.29 to a high of $3.57 before the storage report. I want to thank you for following along, this post, and good luck out there.