Natural Gas – Daily Analysis
In this report, we examine the latest developments in Natural Gas from multiple technical perspectives. We apply our full methodology—candlestick structures, momentum signals, and Elliott Wave analysis—to uncover the technical dynamics shaping this high-volatility commodity.
The full report features annotated charts, scenario breakdowns, and a deeper look at what may be quietly forming beneath the surface—available exclusively to members.
CANDLES
Natty is once again showcasing its Widow Maker reputation. Against all odds, it printed a bearish candle. However, momentum has yet to develop and confirm, as all trends across short- and mid-term frames remain bullish. Most likely, tomorrow will bring either confirmation of the initial bearish intent or its rejection.
Until then, the commodity remains neutral, leaning cautiously bullish.
ELLIOTT WAVES
Until NG makes a new lower low, I continue to maintain the possibility of an impulsive count to the upside. There’s a chance that wave ii extends—if so, NG may dip below the green line but remain above the blue, potentially triggering a bullish signal.
SUMMARY:
After confirming a bullish breakout on Friday, against the odds, Natty followed up with a bearish candle. This initial move has yet to be confirmed or supported by technicals. At this stage, the commodity is neutral, with a slight bullish bias.
The broader trend remains tilted to the upside, especially on the 2-month and larger timeframes, where long-term technical structures continue to support the potential for an extended rally.
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Happy Trading!
