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: Today, Natural Gas extended its bullish momentum to the 2D frame, following yesterday’s daily reversal signal. If this momentum holds for the next two sessions, Natty could form bullish candle combinations on both the weekly and 10D frames by Friday. Overall, Natural Gas is bullish in the short term, with a good chance for the bullish momentum to expand into the larger frames. ELLIOTT WAVES Road Map Natty continued…