Cobra's Market View

VIX collapse

Cobra wrote:maintain the plan. I'm outside now. cannot comment lot.

Cobra, does it count as "yesterday's high revisited"? thanks.

Cobra, do you think today's high will be revisit in the near future? thanks.

Cobra wrote:Friday's low as support. I think more like the rebound would fail again, this is 2 legged down.

BullBear52x wrote:

wayne0708 wrote:If it drops below 1195, I am going guess top is in.

118

Hi, how do you think about UNG, when is good time to buy? thanks.

Cobra wrote:support.

Cobra, is it strong up day today? thanks.

BullBear52x wrote:too many people watching SPX DJI and NDX, I will look to TECH and small cap today.

are you trading UNG now? long or short? thanks

BullBear52x wrote:Just for entertainment only

How do you think about UNG now? thanks.

GM, we should have opened at yesterday's low. very disappoint at bears :lol: who is buying anyways? Do you have any idea about UNG now? thanks I owned UNG, 90% of the time I have it. but be nimble, I am thinking 10.50 will be broken out this time let see, I held this one two weeks now in my longer ...

BullBear52x wrote:GM, we should have opened at yesterday's low. very disappoint at bears who is buying anyways?

Do you have any idea about UNG now? thanks

Cobra wrote:small trend line here. info only.

It seems more down days ahead, right?

BullBear52x wrote:UNG, 12.5 is not too far distance ahead.

First time ung up 6 consecutive days in 3 years with mild volume. According to pass 2 years data, July~August wave high is lower than summer, how do you think this time?
But, NG future volume surges recently, 8~10 times high than March and before.
Thanks.

Are you still trading UNG? any edge? thanks.

BullBear52x wrote:I was expecting recent low not today, afraid I'll switch side? checking out.

be kind to one another snakes.

Tomorrow EIA report will be published at 10:30am, seasonally bearish. I think today UNG will close above $10.9x and prepare for tomorrow's drop, If big guy do not want UNG drop below below $10.5x. August is Hurricane season, one more long UNG before winter. I plan buy some UNG call tomorrow. BullBea...

BullBear52x,
are you still trade UNG? tomorrow is good to buy

nop, it is not ETF

pidge66 wrote:

cc2265 wrote:contango still eating UNG, i am think short UNG this Sept with little more money

Does LNG falls under "natural gas" category? I have some in my IRA.

EIA report out

davros wrote:ung killed

contango still eating UNG, i am think short UNG this Sept with little more money

BullBear52x wrote:

davros wrote:natural gas bulls.... now's your chance!!! good luck...

I don't counter trend stock, but UNG something about it that I am comfortable trading. new lots with trailing stop 1% here.

EIA natural gas weekly report is due @ 1030 today, more bearish information is expected Headlines: *Today's cycle turns are at 10 EST, 12:30 EST, 2:30 EST, expect lots of volatility *Due to the large gap I will likely leg out of SPY puts and possibly GLD puts at the open, will post my exits *Oil is ...

Thanks.

BullBear52x wrote:

cc2265 wrote:Hey BullBear52x,

For UNG, what's the price range is good to buy? thanks.

I am buying now with tight stops, max stops out at 10.93, target 12ish.

Hey BullBear52x,

For UNG, what's the price range is good to buy? thanks.