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ProShares UltraShort Bloomberg Natural Gas (KOLD)

NYSEArca - NYSEArca Delayed Price. Currency in USD
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35.71-1.36 (-3.67%)
At close: 3:59PM EDT

35.70 -0.01 (-0.03%)
After hours: 7:55PM EDT

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  • a
    abyssus abyssum invocat
    $BOIL conversation
    Welcome to Day 3847564632727838495959302020485858 of The Trend Is Your Friend.

    Least reason to be $kold..ever!!!
  • a
    abyssus abyssum invocat
    $BOIL conversation
    Remember how in 2018NG rallied from March to July, topping out in late June at $3.05, briefly retesting, then rallying to $4.93 by mid November?

    Yeah, that was funny.

    Least reason to be $kold..ever!!!
  • a
    abyssus abyssum invocat
    $BOIL conversation
    Got to $2.90 so far, so really not that much more to go to get to the expected $3 target from the Cup and Handle.

    As is always mostly true, the C&H breakout is vertical. No reason to be $kold.
  • a
    abyssus abyssum invocat
    $29 Should Hold!!!

    If not will $11?
  • a
    abyssus abyssum invocat
    $BOIL conversation
    Fun Fact: in 2018 and most other years, once the price is above the 50ma in April, it remains so until the typical July retest.

    Do not mistake NG volatility for a change in trend.

    Least reason to be $kold..ever!!!
  • a
    abyssus abyssum invocat
    $BOIL conversation
    Hoovering around the Barchart $2.86 R2 so overextended, but then that is to be expected when breaking out above the 50ma for the first time in a month.

    The prior $3 high is the target and the Polar Vortex appears ready to reach peak 2 week forecast GWDD by the end of the week, so should be the typical spike to the top of this (very typical) Spring rally.

    The 50ma 2.2BB upper bound is $3.14 so there is that to consider.

    Least reason to be $kold..ever!!!
  • a
    abyssus abyssum invocat
    $BOIL conversation
    I think we can all agree, it was the most awesome Rollover..ever.

    But then what else should one expect in an NG bull market?

    Love the smell of burning (banned word)cake in the morning.

    Least reason to be $kold..ever!!!
  • a
    abyssus abyssum invocat
    $BOIL conversation
    NG $3 would be $24.50 in boilbucks, so there is that to consider.

    $kold not so much.
  • a
    abyssus abyssum invocat
    $BOIL conversation
    Face it, Boil is the dogecoin of NG funds.

    #1 Very Currency
    #2 Wow much coin
    #3 How money
    #4 So not reason to be $kold
  • M
    Michael and Carrie
    Natural gas, 2 week RSI of 40 is forming a definite reversal pattern. Look for the low $2.40s to to possibly mid $2.30s to hit next week. Boil also is showing that it will drop soon. KOLD has a very bullish near term chart that has formed. Good luck to you all.
  • a
    abyssus abyssum invocat
    $BOIL conversation
    Fun Fact: since 2009 the average April price is $3.20

    Least reason to be $kold..ever!!!
  • a
    abyssus abyssum invocat
    As good a day as any to recall Ricky Bobby Trading Rule #5: Know When To Run Away
  • A
    Anonymous
    huge build coming! nat gas production way up weather mild this will start to recover thursday.
  • a
    abyssus abyssum invocat
    $BOIL conversation
    The July contract has broken above the $2.77 Stockcharts monthly pivot, which is also the neckline to the Cup and Handle formation, so there is that to consider.

    R1 is $2.96 and that is also the C&H target. The Spring low was just above the $2.54 S1, making R1 a reasonable expectation. Unreasonable people may suggest an unreasonable expectation, but that doesn't make it reasonable.

    R2 is $3.20, but that is just crazy talk.

    Least reason to be $kold..ever!!!
  • M
    Michael and Carrie
    Seems that they are struggling to get over $2.52. Next week Thursday you guys could blow the roof off on the report. T-shirt weather where I live.
  • A
    Anonymous
    number was 61 not big enough to scare bulls I sense bull trap as weather warms
  • A
    Anonymous
    gas production average 92.3 Bcf / Day
  • M
    Michael and Carrie
    The current price of natural gas is definitely not indicative of the current weather.
  • a
    abyssus abyssum invocat
    $BOIL conversation
    If celebrating Rollover at home, just be sure to constrain the children from getting out of control as they set the impaled permabears alight.

    Try to keep it contained in the living room. No reason to be $kold.
  • a
    abyssus abyssum invocat
    $BOIL conversation
    Remember every single bull market since 2008 when NG rallied from March to June?

    Yeah, that was funny. No reason to be $kold.