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: The 12hr candles were indeed defining yesterday. Today, Natural Gas expanded the bullish odds to the daily frame by forming a Bullish Kicking. NG also regained the important 8 EMA support. The 2D frame has a good chance to get a boost tomorrow. Overall, Natural Gas is short term bullish with a good chance to expand the momentum. ELLIOTT WAVES Road Map Natty did not make a new lower…