Natural Gas (Henry Hub)Natural Gas (Henry Hub)Natural Gas (Henry Hub)

Natural Gas (Henry Hub)

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NATURALGAS a double top with bearish divergence near resistance is forming at 1h. I am closing my long and gonna wait for report - Thursdays are master manipulative days. Best to reevaluate everything after report is out.
Good luck everyone!

NATGAS Here are some AI insights on the past two weeks. I am not trading NG, but this might be useful to those on the right side of the bell curve.
Snapshot

NATURALGAS could be a test of 3.55 resistance before it drops dont trust these clowns shouting stupid numbers (4's)



NATURALGAS institutionals are currently massively buying the dip while retail is out of market for good. There's resistance at 3.40 and 3.45 and support at 3.20 and 3.05. Either this is yet another fake bs pumping before dumping or indeed we have institutional interest at this zone 3.40.
For a long entry I'm looking at 2 scenarios: a) breakout of price above 3.40 and hold that level tomorrow - price bouncing up with volume from vwap; b) price keeps falling and finds support at either 3.20 or 3.05 with trend reversal following i.e price going above and holding vwap on either of those levels.
For a short entry I'm looking at a rejection of 3.40 or rejection from vwap tomorrow during premarket or US am sessions.
Good luck everyone!
Snapshot



NATURALGAS Now that 200 EMA is broken, the target is the up trendline (From Feb. 2024 and bottom of summer 2024). That would be 2.85 this summer. Gold is back up with a vengence BTW.