Natural Gas – Daily Analysis

Natural Gas is flashing another important technical setup, and the next move could define whether Natty is simply pausing within a broader bullish structure or preparing for a deeper correction first.

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

CANDLES

Natural Gas likely completed a three-candle Ladder Bottom, with very high odds of forming a bottom and starting a rally. A confirmation of reversal is yet to be printed, and it would be prudent to wait for it. The next 1–2 days should provide clarity.

Also note that the weekly 50/200 bullish cross recorded last week has started to expand, which is a constructive sign.

Overall, the short-term outlook is neutral, while the mid- and long-term outlooks remain bullish.

ELLIOTT WAVES

Last Wave

No changes to the mid-term Elliott Wave assessment.

At the micro level, Natty has possibly completed, or is close to completing, a bullish flag with potential upside of 13% or more. Still, confirmation is needed, both from the wave structure and the candles.

SUMMARY:

Natural Gas remains neutral short-term, but the broader setup continues to lean bullish. The likely three-candle Ladder Bottom suggests Natty may be forming a bottom and preparing for a rally, though confirmation is still needed over the next 1–2 sessions.

The mid-term Elliott Wave view remains unchanged. On the micro level, Natty may be completing a bullish flag with potential upside of 13% or more, but both candle and wave confirmation are still required. The expanding weekly 50/200 bullish cross remains the most constructive larger-frame signal, keeping the mid- and long-term outlook bullish.