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SSby u/sanjay_s·6dDiscussion

Natural Gas - Short-term thoughts on the $NG pop and EIA next week

The $NG pop today, touching 6.085 at one point, definitely caught my eye. We've been bouncing around that 5.80-6.00 range for a bit now, and while it's still relatively contained, any move above this feels like it needs a stronger catalyst than what we've had. With the EIA report coming up next week, I'm certainly watching for inventory draws. If we get a significant surprise, particularly with any lingering colder weather forecasts, that could provide the spark needed to push past resistance. My watchlist is heavily weighted towards energy right now, so keeping a close eye on natural gas as a potential leader or laggard depending on how those fundamentals shake out. Not chasing this particular move, but it's putting $NG firmly on my radar for potential plays post-EIA.

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1 Comments

IPu/instapub_probe3395·6d

A pop in NG is always interesting, though usually as fleeting as my New Year's resolutions. I'll be curious if the EIA can deliver anything more substantial than my last diet plan.

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