Natural Gas – Daily Analysis
Natural Gas wrapped the session with a fresh set of prints. This daily report reviews the candles across key frames, checks trend and momentum alignment, updates the Elliott Wave map, and marks the levels and invalidations to watch into the next session.
CANDLES
Natural Gas paused today and flashed early signs of concern on the 12hr, daily, and 2D frames. The daily printed a bearish Harami Cross; if confirmed tomorrow, it could flip the short-term odds.
Short term: neutral, pending a decision. Long term: still leaning bearish.
ELLIOTT WAVES
Mid Term
(no changes, just refreshed the charts)
While the early leg up was corrective, the large gap makes it impossible to classify the wave as cleanly corrective or impulsive. That gap injected uncertainty into the EW counts, so for now we’ll lean on the candles and technicals.
The current leg up could be wave i of a larger impulse—possibly C—but that’s a risky read for now.
SUMMARY:
Natural Gas is neutral after multiple early warnings across smaller frames today. Tomorrow brings key closures on the 10D and weekly charts and the first real chance to flip the daily bearish. Even a moderate −2.2% move—closing below Wednesday’s low—would be meaningful and could shift the short-term odds.
The 15D frame remains bearish and would require a very strong two-week rally to reverse. So while the near-term bias has been inching higher, longer-term bearish pressure still overhangs the tape.
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Happy Trading!
