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Natural Gas – Daily Analysis

In today’s Natural Gas technical analysis, we examine the Henry Hub futures setup—candlestick structure, key support/resistance, momentum, and Elliott Wave context—to outline the probabilities for the next move.

CANDLES

Today’s candle negated yesterday’s bearish one, but it fell short of a strong bullish continuation. The 2D frame also printed a potential bearish Harami. Both frames need confirmation. Until then, Natty is neutral short term. All trends remain bullish.

ELLIOTT WAVES

Last Wave

NG made a higher high today, and there’s a chance wave 3 is complete. Wave 4 would be next, but we need confirming signals.

SUMMARY:

Natty is neutral in the short term and remains bullish across the mid- and long-term frames. Tomorrow’s weekly candle is on track to close bullish, as things stand.

Short term: neutral
Mid term: bullish
Long term: bullish

Happy Trading!