Skip to content

Natural Gas – Daily Analysis

In today’s Natural Gas technical analysis, we assess the Henry Hub futures setup—candlestick structure, key support/resistance, momentum, and Elliott Wave context—to outline the highest-probability paths from here and define the confirmation and failure levels.

CANDLES

NG2 confirmed at least a short-term top on the 12-hour and daily frames today. Momentum will likely be decided tomorrow when the 2D and 3D frames close. All trends remain bullish.

Short term: bearish
Mid/Long term: bullish

ELLIOTT WAVES

Last Wave

The wave down is likely corrective, and I am treating it as a possible wave 4. The structure is still too early to reliably estimate targets.

SUMMARY:

Natty flipped bearish after confirming a reversal on the Harami. For now, all trends remain bullish, and the mid-term momentum will be decided tomorrow.

Short term: bearish
Mid term: bullish
Long term: bullish

Happy Trading!