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Natural Gas – Daily Analysis

In this report, we take a technical 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 and outline the most probable path.

CANDLES

Well, it happened again. Just when all the ducks seemed aligned, Natural Gas (NG) throws a wrench—it’s called the “Widow Maker” for a reason.

The daily frame is bearish. The 2D and 3D close tomorrow, and their momentum signals will be crucial. Several hourly frames are grossly oversold, presenting a high risk of a bounce. Let’s stay calm and watch how the momentum unfolds.

The long-term outlook (2M+) remains bullish.

ELLIOTT WAVES

If Natural Gas holds and does not make a new low today/tomorrow, it could form a serious (i-ii)-i-ii setup.

SUMMARY:

Natural Gas flipped bearish short term, but did so while entering oversold territory on several hourly frames—a setup that could trigger a strong bounce in the coming days. Tuesday will be a key day for momentum readings and should offer valuable technical data.

The broader trend still tilts to the upside, with the 2-month and larger frames continuing to support the potential for an extended rally.

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Happy Trading!