Skip to content
GET STARTED
Loading...
✨ Become a Member and get full access!
Commodities

Natural Gas – Daily Analysis

•
Daily Natural Gas Open Articles Public
597

In our daily Natural Gas analysis, we track candlestick formations across multiple time frames, align them with Elliott Wave structures, and review supporting technical indicators. This approach helps maintain consistency in evaluating both short- and long-term market perspectives.

CANDLES

Natural Gas printed an interesting set of candles today. After being oversold on multiple hourly frames, it bounced as expected and formed potentially bullish reversal combos. UNG printed a Piercing Line, while NG2 charted a Thrusting Line with solid technical backing. There’s a fair chance these signals are confirmed tomorrow.

If bullish momentum builds through the rest of the week, the weekly could close strong bullish—possibly as a Rising 3 Methods.

Short term: bullish, pending confirmation
Mid term: moderately bullish
Long term (15D+): leaning bearish

ELLIOTT WAVES

UNG – Short Term

UNG continues to look impulsive in the mid term. Today’s wave off the bottom also appears as a clean impulse at the micro level. The invalidation level for the green count is marked on the chart.

Assuming UNG completed wave ii as a flag, and remains in sync with NG2, the NG2 chart—with both the flag target and the larger wave iii target—would look like the one above.

SUMMARY:

Natural Gas bulls made a serious statement today. If the daily bottom is confirmed tomorrow and momentum extends to the larger frames, it could mark the start of a sizeable rally.

—————————————————————————————————————–

Happy Trading!

Daily Natural Gas Open Articles Public
597
Read Next
Commodities
Oil – Daily Analysis
Today, oil extended the rally to roughly 25% since our August 6 call for those who went long with us. A strong move—but now comes the more difficult question: is it time to take some profit, or does the rally still have room to run? Let’s talk probabilities, not headlines. In today’s Oil Daily Analysis, […]
US Indices
SP500 – Daily Analysis
Are the candlemaps ugly enough after today’s move—or is the market preparing to make them even worse? And, more importantly, have you been listening to our recent warnings? The key question now is whether the current SPX weakness remains a contained correction—or whether the index is preparing to accelerate into a much deeper decline that […]
Commodities
Oil – Daily Analysis
Today, oil finally reached our target, delivering roughly a 20% gain since our major August 6 call. A solid move—but after a rally of this magnitude, the more important question is what comes next. And perhaps even more interesting: what do the candles now “think” about the prospects for “lower gas prices”? In today’s Oil […]