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Natural Gas – Daily Analysis

In this report, we take a renewed look at Natural Gas from multiple technical perspectives. Using our full approach—combining candlestick patterns, momentum indicators, and Elliott Wave analysis—we examine the forces driving this high-volatility commodity.

CANDLES

Today, Natty made a serious attempt at forming a bottom. The daily and 2D frames closed bullish-neutral, putting a dent in the weekly candle setup. If tomorrow’s initial move confirms this shift, we could see at least a short-term reversal signal. For now, the short-term odds remain neutral.

ELLIOTT WAVES

Natural Gas is making a fourth attempt to form a bottom. This time, the chances are much better, as the technical support for a reversal is significantly stronger. The Elliott Wave mid-term chart remains unchanged.

SUMMARY:

Natural Gas is neutral for now but has solid potential to form a bottom. Tomorrow will be a key day for multiple time frames.

The broader trend still tilts bullish, as the 2-month and larger frames continue to support the possibility of an extended rally.

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Happy Trading!