Natural Gas – Weekly Analysis
Natural Gas has been on a wild ride again — but is the next big move already forming? In this Natural Gas weekly analysis, we decode the latest candlestick patterns, align confirmations across multi-timeframe charts, and evaluate key EMA/MACD momentum signals to identify the highest-probability paths ahead. Whether you trade Henry Hub futures, UNG, or spot gas, this report reveals what the current setup says about the coming weeks — and why volatility might just be heating up again.
CANDLES
The latest pullback was very gentle and is likely over after three days of consolidation. The weekly structure looks healthily bullish, and the monthly signal is on track for a bullish continuation close — especially if Natural Gas finishes above the 50-month MA.
Short term: neutral-bullish
Mid term (weekly): neutral-bullish
Long term (monthly): bullish
ELLIOTT WAVES
Mid Term
As I discussed earlier, investors should be prepared for a 70–140% rally over the next few months/quarters. This hypothesis remains intact.
Last Wave
No change at the micro level. Due to the uncertainty after the gap, I’m tracking two possible counts for a potential wave v. So far, the red count has better technical support.
SUMMARY:
Natural Gas closed September with several convincingly bullish signals and recently reinforced its long-term outlook with constructive 10D and 15D closes. The well-managed pullback is likely over, and there’s a fair chance the rally restarts next week. The monthly signals are on track for a bullish October close.
Short term: neutral-bullish
Mid term: neutral-bullish
Long term: bullish
Happy Trading!
