23 replies to this topic

[senorBS]

Si "Amigo Senior. Cannot join you with the margs but have joined you accumulation UNG. This is loveley. Have they announced the supply yet? On the phone with some other important amigos and may have missed it.

Thought I saw up 3 BCF, rally stalled right at 50-day mvg avg, after this pullback I expect it to blow through that mov avg and rally to 20 or higher. Possible right shoulder also under construction.

BSing away

senor

[swanstkdh]

These daily and weekly divergences are deceiving. TGB just blew up over anything I imagined. It is beautiful

[SilentOne]

Went long some UNG today here at 16.30. I see crude grinding up here so it should pull natgas up with it. Let's hope its a good entry because this market has not been working on the buy side for a long time. cheers, john

Edited by SilentOne, 26 March 2009 - 12:51 PM.

[swanstkdh]

Went long some UNG today here at 16.30. I see crude grinding up here so it should pull natgas up with it. Let's hope its a good entry because this market has not been working on the buy side for a long time.

cheers,

john

Yes that is really an odd feeling. It looks like it is going to go a little sideways like DXO and then whammo up again.

[mss]

Too many of us agree mss

[Rogerdodger]

I thought that we should see some volume increase before this beast would turn.
Last week's OPEX brought some, today's bearish report brought some more.
Volume guru's will watch how last week's candle/volume will compare.
18 remains resistance.
http://stockcharts.c...8483&r=3740.png

[senorBS]

I thought that we should see some volume increase before this beast would turn.
Last week's OPEX brought some, today's bearish report brought some more.
Volume guru's will watch how last week's candle/volume will compare.
18 remains resistance.
http://stockcharts.c...8483&r=3740.png

Nice chart, Senor will add right shoulder and dos wave down here to the possible bullish equation.

BSing away

Senor

[dougie]

if this is a dos wave down it is sure doing its job....<;

[SilentOne]

if this is a dos wave down it is sure doing its job....<;

I was hoping natgas wouldn't take out its lows from last week. Futures tested less than a penny above last week's low and looking like crap. New lows are a given. Crude better rally soon. Like from Monday.

cheers,

john

[swanstkdh]

Yea its almost free fall. Everyone thinks crude is going to $25 a barrel