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
There were no surprises today—Natural Gas moved lower as expected and continues to hold stronger odds for a further decline.
ELLIOTT WAVES
(no changes, just updated charts)
Until Natural Gas makes a new lower low, the possibility of an impulsive count to the upside—whether blue or purple—remains on the table.
However, at the micro level, NG invalidated its prior impulsive structure upward and now holds better odds for exploring lower lows. From a classical pattern perspective, there is a fair chance of a developing small bearish flag, which aligns well with the alternate (ii) count in blue.
The prospective path and target are outlined below.
SUMMARY:
Natural Gas is bearish short- and mid-term with better chances to move further down.
However, the broader trend still leans bullish. The 2-month and larger frames continue to uphold long-term technical structures that support the potential for an extended rally, once the current pullback is over.
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Happy Trading!
