Natural Gas – Daily Analysis

In today’s Natural Gas Technical Analysis, we examine the latest candlestick structure, momentum signals, key support and resistance levels, and the short-term Elliott Wave roadmap. We also assess whether the developing reversal is gaining enough technical support to extend beyond the short-term frames. The focus is on whether NG futures have finally formed a durable bottom and are preparing for a stronger recovery—or whether the market still needs one more downside flush before the larger advance can begin. CANDLES & TA: While Natural Gas negated Friday’s bullish setup by closing below Friday’s low, I cannot say that the daily candle was fully bearish. An Inverted Hammer belongs more to the bullish family than the bearish one—especially when we dig deeper into the 12-hour structure. I think we may have a much clearer answer by 6:00 a.m. EST tomorrow. A green 12-hour candle closing above Monday’s high would be a solid…