Antwort auf Beitrag Nr.:
42.637.229 von laling am 24.01.12
09:32:38Natural Gas Forecast January 24, 2012, Technical
Analysis
The natural gas markets skyrocketed during the session on Monday as
traders stepped in to trade this market. Chesapeake Energy
announced that it was going to stop drilling for dry natural gas as
the prices are far too low to make the business profitable. With
that in mind, roughly 9% of the gas drilled in the United States
will suddenly stop production.
This could be the start of something bigger, but will take more
companies doing the same at this point. While the move was
massive, it still is far below the trend lines that we can put on
the chart. And while this is bullish for natural gas in general, it
won't be enough to make up the difference as the winter is over
half completed, and the most profitable season for natural gas has
already been an unmitigated disaster this year.
The chart shows several different levels that will act as
resistance, and although the move was on massive volume, the trend
will be very difficult to change for good. The move could be
violent and explosive, but buying still is a bit risky for us at
this point. For starters, you would have to know what the "fair
value" of 91% of the gas in the United States would place the
market at. Also, there are plenty of areas around the world that
are finding gas reserves, and the Gulf of Mexico is about to start
churning out quantities as well. The market is still awash in gas,
and this won't change even with the move by Chesapeake on
Monday.