Natural Gas – Daily Analysis

Natural Gas is entering another decision point, with the recent advance leaving less room for hesitation. In today’s Natural Gas Daily Technical Analysis, we look at the broader technical structure, momentum, key levels, and Elliott Wave roadmap to assess whether Natty still has enough fuel for another leg higher—or whether the market is preparing for a sharper reset. The next move should tell us a lot. CANDLES & TA: After becoming overbought, Natty reset and formed bearish candles on the daily and 2D frames. At the same time, the 3D frame held firm, and the short-term trends did not break. Natural Gas therefore remains bullish in the short and mid term until the recent pullback is confirmed. The monthly bullish cushion has narrowed, but it is still sizeable—about 3.5% above the July high. Let’s see whether it holds tomorrow. If it does, we should probably expect another bullish winter. Overall,…