Natural Gas – Daily Analysis

In today’s report, we examine Natural Gas through its key technical signals and evolving structure, identify the critical levels now in focus, and assess the most probable path for Natty’s next major move.
CANDLES

Today, Natural Gas formed a Bearish Engulfing candle. However, all support lines remained intact, and the technical backing for the move was weak.
At the same time, several mid-term frames closed with bullish signals, reinforcing momentum on that horizon. While the short-term outlook is neutral pending confirmation, the mid-term remains firmly bullish.
ELLIOTT WAVES
Last Wave



The mid-term Elliott Wave perspective remains unchanged.
SUMMARY:
Natural Gas continues to strengthen in the mid term, and the broader setup remains constructive. The short-term outlook is neutral, pending confirmation for either path.
The Elliott Wave perspective remains unchanged.