Natural Gas – Daily Analysis
Natural Gas closed with more questions than answers. This Daily reads the tape—candles, momentum, and structure—to map the flip levels, timing windows, and invalidations that matter. If a break is coming, this is where we learn which side earned it.
CANDLES
Natural Gas closed with bullish candles on the daily and 2D frames. The 2D, however, needs confirmation, which we’ll get on Wednesday. Tomorrow brings the 3D close; if momentum extends to that frame, we can start talking about a potential weekly flip. For now, the weekly closed bearish, and the larger frames still lean bearish.
Tomorrow’s 3D print could be pivotal: a close above $3.291 flips the odds bullish—pending confirmation; a close below $3.291 keeps them bearish.
Short term: bullish-neutral
Mid term: bearish
Long term: leaning bearish
ELLIOTT WAVES
Mid Term
(no changes, just refreshed the charts)
The futures open—sharp drop to a new low, then an equally sharp spike—added to the puzzle. I pulled out the microscope, the 1-second chart: the down leg can be read as corrective, though it also subdivides like an impulse; the up leg, by contrast, looks impulsive, but needs follow-through to build a larger impulse. No clean read yet; tomorrow’s 3D closure should clarify the odds and direction.
SUMMARY:
Natural Gas is slightly bullish in the short term, with a fair chance for bulls to push the 3D—possibly even larger frames—tomorrow. That said, the weekly and higher frames remain bearish.
The 15D frame, the biggest current threat, remains bearish and would require a very strong rally within the next four trading days to reverse. So while the near-term tilt is up, longer-term bearish pressure still hangs over the tape. Time is running out.
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Happy Trading!
