• 4 minutes Oil Price Editorial: Beware Of Saudi Oil Tanker Sabotage Stories
  • 7 minutes Mueller Report Brings Into Focus Obama's Attempted Coup Against Trump
  • 11 minutes Magic of Shale: EXPORTS!! Crude Exporters Navigate Gulf Coast Terminal Constraints
  • 14 minutes Wonders of Shale- Gas,bringing investments and jobs to the US
  • 22 mins Why is Strait of Hormuz the World's Most Important Oil Artery
  • 2 hours Level-Headed Analysis of the Future of U.S. Shale Oil Industry
  • 10 hours Struggle For Supremacy: Kremlin Condemns Alleged U.S. Ultimatum To Turkey Over Missile Deal
  • 8 hours Another surprise 'build'
  • 7 hours Trump bogged down in Mideast quagmire. US spent $Trillions, lost Thousands of lives, and lost goodwill. FOR WHAT? US interests ? WHAT INTEREST ? . . . . China greatest threat next 50 years.
  • 3 hours Apple Bid To Buy Tesla in 2013 For $240 a Share
  • 7 hours CLIMATE PANIC! ELEVENTY!!! "250,000 people die a year due to the climate crisis"
  • 6 hours California's Oil Industry Collapses Despite Shale Boom
  • 7 hours IMO 2020 could create fierce competition for scarce water resources
  • 7 hours IMO2020 To scrub or not to scrub
  • 15 hours Solar Cheaper than Coal
  • 12 hours Compensation For A Trade War: Argentina’s Financial Crisis Creates An Opportunity For China
  • 8 hours Global Warming Making The Rich Richer
Alt Text

This Supermajor Is Leading The Energy Sector

This supermajor has been standing…

Alt Text

How To Play A Recovery In Oil Prices?

A realistic correction in the…

Matthew Bradbard

Matthew Bradbard

I have over 1 decade of experience in the Commodities industry. Managing my own IB for over 5 years and my own CTA for fifteen…

More Info

Trending Discussions

Daily Natural Gas Update - 05.11.2012

In the last 2 weeks prices of natural gas have lost nearly 12% off just under 50 cents in December futures. On the lows today my objective at $3.50 was achieved.  With a 50% Fibonacci retracement complete dragging prices to oversold levels close out all bearish plays and look to reverse in the coming sessions.

Daily Natural Gas Chart 1

The 50 day MA is being challenged as of this post identified by the green line. Let’s see in the coming days if the 100 day MA comes into play identified by the light blue line. I have started to price out bullish option strategies as well as and long future entries are on my radar…stay tuned.

Once we get a buy signal traders should attempt to get long trying to capitalize on a trade higher into the end of the year. I see a trade north of $4 into the winter and would advise long entries to be buying early 2013 contracts to allow enough time for the trade to develop.

By. Matthew Bradbard

To discuss in more detail this chart or any other you can reach me at:

mbradbard@rcmam.com or 954-929-9997

Risk Disclaimer: The opinions contained herein are for general information only and are not intended to provide specific investment advice or recommendations and are not tailored to any specific’s investor’s needs or investment goals.  You should fully understand the risks associated with trading futures, options and retail off-exchange foreign currency transactions (“Forex”) before making any trades. Trading futures, options, and Forex involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change without notice.  Past performance is not necessarily indicative of future results.




Download The Free Oilprice App Today

Back to homepage

Trending Discussions


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News