nGas + 15%The fundamental inventory deficit, confirmed by the EIA report (+13 Bcf), is a strong bullish factor.
The COT report also indicates a bullish sentiment among speculators.
Managed Money net = โ36,687 - the background is short. However, shorts have been reduced by โ17,614, and the net short has decreased by +14,046 WoW, which is a clear sign of short covering. At the same time, longs have decreased slightly (โ3,568).
If the price continues to trade near the $2.65 support, this creates a dissonance between powerful fundamental signals and local market behavior. The test of the key support of $2.65 is a good entry point for a long position.
The price is in the descending channel (from July 23). The lower boundary of the channel coincides with the key support of $2.65. The $2.65 - $2.70 zone is a strong zone of liquidity and potential stops.
Entry - Breakout of 2.65 and consolidation above $2.70 or rebound from $2.65 with confirmation. Looking for a false breakout or a confident retest.
News to watch:
1. EIA (28 Aug 14:30 UTC) - Deviation from 5-year and South Central contribution. Repeats of weak injection will boost the chance of a squeeze to 2.88 and 3.00
2. CPC 6โ10/8โ14 - Whether the warm anomaly will continue (CDD support).
3. LNG feedgas - A return to โฅ16.5โ17 Bcf/d will return fundamental support.
4. COT (29 Aug ~19:30 UTC) - reduction of net "short" Managed Money = fuel for long squeeze.
Conclusion: the background remains "bearish", but the risk of long squeeze is increased - any bullish event (weak injection of EIA, growth of feedgas, warm weather) can sharply accelerate the upward movement.
NATURALGAS trade ideas
2 Month Descending ChannelSeptember natural gas futures plunged to a nine-month low on August 22, dropping 4.5% amid near-record output, ample storage, and cooler weather reducing demand. Despite a rebound in LNG exports, prices have fallen for five straight weeks, down 24% overall.
Record U.S. production in August averages 108.4 bcfd, while storage remains 6% above normal. Demand, including exports, is expected to ease in coming weeks, with LNG feedgas rising to 16.2 bcfd as plants recover from outages. Hurricane activity in the Atlantic poses no immediate threat to U.S. supply. Analysts expect U.S. LNG exports to grow about 10% annually through 2030.
NATGAS - Catch The Impulse!As Wave Traders, our job is to spot corrections and catch the impulse, because thatโs where the biggest moves happen.
On NATGAS, we completed Wave 1 with a leading diagonal, and are now finishing Wave 2 (an ABC correction). Once corrections are done, the next phase is Wave 3 - historically the longest and strongest wave in Elliott Wave Theory.
We've almost completed wave 2 and looking for a breakout for wave 3, which is the longest wave.
Trade Idea:
- Watch for break of the red trendline to indicate the start of wave 3
- enter with stops below breakout or below invalidation
- Targets: 5, 10, 13
NATGAS 12H Chart:
We'll be looking to enter on break of the red trendline with stops below breakout.
This setup is a textbook example of how Elliott Wave helps us prepare - not chase - the market.
Goodluck and as always, trade safe!
U.S. Natural Gas Hits 10-Month Low on Cool Weather OutlookU.S. Natural Gas Hits 10-Month Low on Cool Weather Outlook
U.S. natural gas futures slipped to $2.70/MMBtu, the lowest since November 2024, as cooler weather and weaker late-summer demand eased storage concerns. September NG1! fell 0.1%.
Analysts say strong power demand and limited injections expected earlier wonโt materialize. Forecasts show below-normal temperatures for the next two weeks, while LNG exports rose to 15.9 bcfd in August. Lower-48 gas output hit 108.5 bcfd, near record highs.
Despite a smaller-than-expected storage build last week (+13 bcf), ample supply and higher production keep pressure on prices. U.S. LNG exports are projected to grow 10% annually through 2030, even as oil output plateaus.
European gas futures also slipped 1% to โฌ33.5/MWh as Norwayโs maintenance impact eased and storage builds continue ahead of winter.
Natural gas is in the Selling directionHello Traders
In This Chart NATGAS HOURLY Forex Forecast By FOREX PLANET
today NATGAS analysis ๐
๐ขThis Chart includes_ (NATGAS market update)
๐ขWhat is The Next Opportunity on NATGAS Market
๐ขhow to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Natural Gas ( 30 Min EMA Cross over)I have taken this trade on a 30-minute chart frame. And used stop loss on the 4-hour chart. Because I don't want my trade to close because stop loss was too close.
The key factors that made me to take this trade.
1. The natural gas is bearish on longer daily and weekly trend.
2. i think the small crossover on 30 minute on the down side will help the cause.
3. Only worry here is that how long it pull backs into bullish direction, before it resumes its bearish bias. For that purpose, I have set up the stop loss on 2 hour time frame and above recent highs.
Should know the outcome of this trade next week.
Natural Gas: The Bearish Raid is On! Are You In?๐ ATTENTION ALL BLACK MARKET TRADERS & NINJA THIEVES! ๐
(XNG/USD Natural Gas Heist Plan - Bearish Swing/Scalping)
Yo! ๐ฑโ๐ค๐ค The vault doors are creaking open on Natural Gas, and it's time for a BEARISH HEIST! Our intel suggests the big dump is coming. Police ain't around, so let's move! ๐๐จ
๐ฆนโโ๏ธ THE MASTER HEIST PLAN (BEARISH EDITION)
Asset: XNG/USD (Natural Gas) | Trade Type: Swing / Scalping Heist
Overall Bias: BEARISH ๐๐ (We're stealing on the way DOWN!)
๐ฏ ENTRY PROTOCOL: THE "LAYER" HEIST
For the OG Thieves who understand patience and precision. We're not chasing; we're setting traps!
๐ช ENTRY: Any price level is a gift! But for the pros, we're setting MULTIPLE SELL LIMIT ORDERS to layer our entry like a true market ninja.
๐งจ LAYER 1: 2.740
๐งจ LAYER 2: 2.770
๐งจ LAYER 3: 2.800
Pro Tip: You can add more layers based on your own capital. More layers, more loot! ๐ฐ๐ฐ๐ฐ
๐จ STOP LOSS (The Getaway Car Engine)
This is where we bail if the cops show up. Don't be a hero.
๐ THIEF S.L.: @2.950
๐ข OG ANNOUNCEMENT: Dear Ladies & Gentleman of the shadow markets, adjust your SL based on your own risk appetite and strategy! Protect your capital! ๐ก๏ธ
๐ TARGET (The Escape Route)
The police barricade is set up down below. Our goal is to escape with the stolen money before we hit it!
๐ฏ T/P 1 (CASH OUT): @2.550 ๐๐จ
๐ง POLICE BARRICADE: @2.450 (Danger! Avoid this area!)
๐ช SCALPERS, LISTEN UP! ๐
If you're in and out quick, only scalp on the SHORT side. Ride those little downtrends for quick cash. Use a tight trailing stop to protect your mini-loot! ๐โโ๏ธ๐ต
โ ๏ธ HEIST ALERT: NEWS LOCKDOWN ๐ซ๐ฐ
Big news = cops everywhere! It creates chaos and volatility. To avoid getting caught:
AVOID new trades during high-impact news.
USE Trailing Stops to lock in profits on running heists.
STAY STEALTHY. ๐ฑโ๐ค
๐ฃ BOOST THIS IDEA! ๐ฃ
It fuels our underground network and helps us find the next perfect heist! Let's drain this market dry together! ๐ค๐คโค๏ธ๐
I'll see you in the shadows with the next score. Stay sharp! ๐๐๐
NATAG! - MOVE INCOMING!๐จ NATGAS โ The Calm Before the Pop? ๐จ
Alright traders, letโs break this beast down ๐
๐ฐ Weekly View
Price just rejected hard from the 3.4 โ 3.8 supply zone and has been sliding since. Now weโre parked on the 2.6 โ 2.7 liquidity trendline. This is the decision point โ bounce or flush into the 2.0s.
๐ Daily Structure
The Elliott Wave count lines up:
Wave (1) topped near 5.0
Wave (2) retraced cleanly
Wave (3) rallied to 4.2
Wave (4) dragged us back to support
Now the big question โ do we get a Wave (5) relief rally back into 3.2 โ 3.4 supply? ๐
โฑ 4H Breakdown
On the lower timeframe, price is coiling tight. Liquidity is building, stops are stacked, and it looks like a bear trap setup. A bullish push here could rip into overhead supply before the bigger trend resumes.
๐ฏ Trade Plan
Entry Zone: 2.6 โ 2.7 support
TP1: 3.2
TP2: 3.4 โ 3.5
SL: Below 2.45 (donโt hang around if it breaks)
This isnโt a macro reversal โ just a counter-trend bounce play. Quick in, quick out. โก
What do you think?
Natural Gas Breaks Out Again-Bullish Wedge in PlayNatural Gas Breaks Out Again โ Bullish Wedge in Play
Natural gas has confirmed another bullish wedge pattern, after a period of unclear price direction.
For now, the price looks set to climb toward $3.15 and $3.35.
However, traders should stay cautious.
Ongoing peace talks between the U.S., Russia, and Ukraine could shift momentum quicklyโeither way.
From a technical perspective, the setup remains bullish.
You may find more details in the chart!
Thank you and Good Luck!
PS: Please support with a like or comment if you find this analysis useful for your trading day
XNGUSD came to a global support lineXNGUSD came to a global support line
Natural Gas has been declining since the beginning of June, forming the falling wedge. On Tuesday the price found support on a global trendline. The price is ready to reverse. Additionally, seasonals notice that shoulder season is about to get started, which historically means buying pressure for the natural gas, due to more natural gas is purchased before winter comes. Mid-term target may be the 3.4000 level.
NATURAL GAS: Stunning breakout!Natural Gas has had a wonderful move off the lows.
Breaking out of a falling wedge pattern on inventories.
Inventory report supports higher price. 27B exp build vs 18B actual.
If you have been following our analysis you would have ought to have know to start accumulating into the key weekly gap fill zone.
We have been pounding the table on resource stocks showing relative strength compared to the underlying commodity.
Our members have received several alerts via: AMEX:BOIL , NYSE:EQT NYSE:AR NYSE:RRC and others. We have netted some wonderful profits and it looks like Nat Gas should climb higher after some near term consolidation.
I would like to see Nat gas retest the major volume shelf (POC). That level should be monitored closely.
LNG Week 35:Fill Rate Holds Steady Above Median for Previous 5Y This LNG analysis was prepared by Dr. Igor Isaev in cooperation with Anastasia Volkova, LSE analyst.
Current prices vs. price spread 10 days before expiration by month since 2010
(The top left graph)
Over the past week, the gas price has been downtrending. The NGU25 contract expired 7% lower and the next contract NGV25 is trading 5-7% below the average price 10 days before expiration for all expired contracts over the previous 15 years. NGX25 is trading near the median. The 2026 and 2027 contract prices are virtually unchanged from last week and are trading at or below the upper quantile boundary for almost all months.
โ
Current forward curve vs. 2020-2024
(The top graph in the middle)
The shape of the forward curve is flattening out and resembling closer and closer the curve on the same calendar day of 2023, 2024 annual curves. This is especially noticeable on contracts with delivery 3 years from now and beyond. The divergence on near-term contracts is still large.โ
Current inventory and forecast for next week compared to 2019-2024
(The top right graph)
For week 34 (Aug 18-24), a +34BCF gain in storage was recorded. Fill rate is holding steady above the median for the previous 5 years. Injection rates remain positive, which removes the risk of shortages due to the imminent start of the pumping season and contributes to downward price pressure.
Weekly HDD+CDD total from current NOAA data and forecast for the next two weeks comparing 1994-2024
(The lower left graph)
In the overall continental cross-section, the past week 35 weather was well below average values observed over the past 30 years. Next week (36) HDD+CDD values are also expected to be well below average, contributing to lower electricity demand for air conditioning to downward price pressure.
Explanation of the chart: candles represent quantiles for 30 years from 1994 to 2024. Red dots 2024, green 2025, blue prediction 2025โ
Weekly HDD+CDD total from current NOAA data and forecast for the next two weeks compared to 1994-2024 by region
(The lower graph in the middle)
The projections by major regions are consistent with the overall picture: HDD+CDD values are below the average level based on observations over the past 30 years.
Weekly cumulative supply/demand differentials compared to 2014-2024
(The lower right graph)
For the third week in a row, the supply/demand differential held above the upper 10-year range. Production is holding strong, imports from Canada are down, exports to Mexico and LNG exports have recovered, while electricity demand is seasonally down slightly. The latter is additionally impacted by weather and industrial demand patterns and is holding at average levels.
LNG: Conditions Reached 30Y Median & Moderate Storage IncreaseThis LNG analysis was prepared by Dr. Igor Isaev in cooperation with Anastasia Volkova, LSE analyst.
Current prices vs. price spread 10 days before expiry by month since 2010
Total monthly price decline exceeded 17%. Near-term contracts NGU25, NGV25 are trading 3-5% below the average price 10 days prior to expiration for all expired contracts over the previous 15 years. NGX25 has reached the median. Prices of 2026 and 2027 contracts are also declining and are already trading at or below the upper quantile boundary for almost all months.โ
Forward curve vs. 2020-2024
The shape of the forward curve flattens out and comes closer and closer to the states of the curve on the same calendar day of the year as the curves of 2023, 2024. This is especially noticeable on contracts with delivery in 3 years and beyond. On contracts closer the divergence is still large.
Current inventory and forecast for next week compared to 2019-2024
For week 33 (Aug 11-17), we expect a +14BCF gain in storage. Fill rates are holding steady above the median for the previous 5 years. Injection rates remain positive, which reduces shortage risks and contributes to downward price pressure.
โ
Weekly HDD+CDD total from current NOAA data and forecast for the next two weeks comparing 1994-2024
In a continental cross-section, the current week 34 weather is holding at the same level as the average values observed over the past 30 years. Next week (35), HDD+CDD values are forecast to be well below average, contributing to lower air conditioning electricity demand and downward price pressure.
Explanation of the chart: in candlesticks quantiles for 30 years from 1994 to 2024. Red dots 2024, green 2025, blue prediction 2025โ
Weekly HDD+CDD total from current NOAA data and forecast for the next two weeks compared to 1994-2024 by region
Forecasts by major regions are consistent with the overall picture. Temperatures are expected to be slightly above normal in week 34 in the Eastern, Western regions followed by a decrease in week 35. In the PACIFIC region, values remain high. On the contrary, the Atlantic regions are below normal.
Weekly cumulative supply/demand difference compared to 2014-2024
For the past 2 weeks, the supply/demand differential has held well above the upper 10-year range. Despite record production levels, total natural gas consumption also increased due to electricity demand, the industrial sector and LNG exports.
thurs mani-POO-lationthe market always ranges before news. high probability that there will be a bullish breakout and the selloff will continue. the report last week was bullish but sellers still outweighed the bulls. this time i bet it will be no different despite the hot weather. its going to test the supp at $2.7 but it might break and continue till $2.6
Natural Gas consolidates nearby support level of 3.0000Natural Gas consolidates nearby support level of 3.0000
U.S. Natural Gas has been declining since mid-June, forming the bullish wedge. Since the end of July 4-h RSI shows us bullish divergence, the price consolidates nearby the 3.0000 support level. The price is expected to rise towards 3.4000 level as a first target with 3.6000 as a final target. Additionally, according to seasonals, since the second half of the august, natural gas prices go bullish due to the beginning of the shoulder season, which may be an extra support factor for the asset.
Long for short-coverMight have bottomed out finally. I think this might be one in a million chance to come out true but i believe that this setup has got a high probability. I can be wrong.. if so then i still have more to learn in order to actually trade this instrument but, if this runs with success then ill let you know behind my reasonings.