Natural Gas – Weekly Analysis
This week, Natural Gas once again followed our playbook. The question now is whether the next move is a routine pause or the start of something larger. In this update, we’ll read the candles, gauge momentum, and check the wave map to frame the highest-probability path—what keeps it intact, and what flips it.
CANDLES
Natural Gas closed the week with a cluster of bearish-leaning signals. A potential Falling Three Methods on the daily, a Thrusting Line on the 3D, and an On-Neck Doji collectively tilt the odds toward a bearish resolution. The outlook remains bearish across the short-, mid-, and long-term frames.
The Long Term Forecast was posted on August 7.
ELLIOTT WAVES
Last Wave
No changes to the targets we discussed this week.
SUMMARY:
Natural Gas closed July with bearish signals on both the monthly and lower timeframes and stayed under pressure through the first two weeks of August. Odds and trends remain firmly bearish, backed by strong technicals. Natty stays bearish until the weekly frame prints a clear reversal signal.
Happy Trading!
