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NAT GAS
May 8, 2014 10:02:17 GMT -5
Post by huh on May 8, 2014 10:02:17 GMT -5
UNG - wouldn't be long here unless it can hold above the top of the channel. Potential for a very large bear flag. [chart] Down 3% today. Never saw that coming. OK now I'm really gone. Off to the doctors - wife and daughter both sick.
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NAT GAS
May 8, 2014 11:12:48 GMT -5
huh likes this
Post by jacksrbtr on May 8, 2014 11:12:48 GMT -5
UNG - wouldn't be long here unless it can hold above the top of the channel. Potential for a very large bear flag. [chart] Down 3% today. Never saw that coming. OK now I'm really gone. Off to the doctors - wife and daughter both sick. Wishing them a speedy recovery.
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Post by clinton on May 15, 2014 20:39:08 GMT -5
Inventory Attachments:
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NAT GAS
May 22, 2014 12:36:11 GMT -5
Post by huh on May 22, 2014 12:36:11 GMT -5
UNG - wouldn't be long here unless it can hold above the top of the channel. Potential for a very large bear flag. [chart] Down nearly 10% since that call 2 weeks ago. Hoping it starts a nice holiday reversal short squeeze soon here in order to short it.
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NAT GAS
May 22, 2014 15:21:29 GMT -5
Post by clinton on May 22, 2014 15:21:29 GMT -5
UNG will pop huge once hot air conditioner weather shows up.
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Post by huh on May 22, 2014 15:50:56 GMT -5
UNG will pop huge once hot air conditioner weather shows up. Looks like it does see some rallying typically from May - Jul/Aug. I think the problem with this chart is only because it's UNG - decay. Natural gas is trading around the same price it was in Aug '09, but UNG is down 71%. UNG is a terrible way to play it IMHO (and I'm betting you agree ).
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Post by clinton on Jun 3, 2014 6:31:20 GMT -5
NG Inventory Attachments:
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Post by huh on Jun 4, 2014 8:14:26 GMT -5
Nat gas doing a pre-market, squealing u-turn like grandma passing a highway-side garage sale.
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NAT GAS
Jun 9, 2014 14:46:39 GMT -5
Post by huh on Jun 9, 2014 14:46:39 GMT -5
If I'm reading the chart right, nat gas sell-off just getting started.
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Post by huh on Jul 10, 2014 8:42:54 GMT -5
If I'm reading the chart right, nat gas sell-off just getting started. Down more than 10% since this call, but UNG playing around the 200dma now. Would step aside if short to see how it reacts, or until it closes below that moving average. Potential to perform a bearish pattern backtest and gap fill in the high 23's (white circle).
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NAT GAS
Jul 24, 2014 22:16:37 GMT -5
Post by clinton on Jul 24, 2014 22:16:37 GMT -5
Attachments:
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NAT GAS
Jul 25, 2014 6:57:43 GMT -5
Post by huh on Jul 25, 2014 6:57:43 GMT -5
I feel dumb about it, but you'd need to translate this on for me, Clinton. I keep staring at it but can't make sense of it.
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Post by clinton on Jul 26, 2014 13:18:03 GMT -5
I feel dumb about it, but you'd need to translate this on for me, Clinton. I keep staring at it but can't make sense of it. translation: that Saudi Arabia of nat gas that everyone talked about 5 yrs ago.....doesnt exist.
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Post by clinton on Jul 28, 2014 11:38:01 GMT -5
producers are getting flushed pretty good lately
this should set up end of summer/sept rally into the colder weather
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Post by huh on Aug 5, 2014 6:55:32 GMT -5
Nat Gas should catch a bid here soon after a rounded bottom consolidation. Still in larger downtrend, but perhaps enough retrace to finally backtest the bearish pattern breakout and do some gap filling/FIBbing. Upside target would be ~22.35 & ~24.00. UGAZ could be a good play, especially if it were to get one more pullback to retest those lows. JMHO
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NAT GAS
Sept 7, 2014 21:54:33 GMT -5
Post by clinton on Sept 7, 2014 21:54:33 GMT -5
and it looks like they are ramping up NG production gap between now and 5 yr avg looks a tad smaller Attachments:
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NAT GAS
Sept 10, 2014 6:11:22 GMT -5
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Post by clinton on Sept 10, 2014 6:11:22 GMT -5
U.S. Natural Gas Production in August Rose 0.6% from July
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Post by huh on Sept 19, 2014 10:37:28 GMT -5
UNG - wouldn't be long here unless it can hold above the top of the channel. Potential for a very large bear flag. View AttachmentAnd I'd cover UNG short with today's lower gap fill. Down 20% since (DGAZ up 54%). Still potential for much more downside, but I'd wait for the weekly close here. (I'm closing this call - no more tracking it)
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NAT GAS
Sept 23, 2014 7:31:03 GMT -5
Post by huh on Sept 23, 2014 7:31:03 GMT -5
UNG has an upside gap fill & backtest ~21.34/21.35. But if it can manage to hold above that, could see a quick updraft. Lots of open upside gaps.
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NAT GAS
Sept 25, 2014 14:37:34 GMT -5
Post by huh on Sept 25, 2014 14:37:34 GMT -5
UNG - wouldn't be long here unless it can hold above the top of the channel. Potential for a very large bear flag. View AttachmentAnd I'd cover UNG short with today's lower gap fill. Down 20% since (DGAZ up 54%). Still potential for much more downside, but I'd wait for the weekly close here. (I'm closing this call - no more tracking it) Good timing on this one. UNG above resistance and looks to be bull flagging for higher. JMHO
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