Natural Gas – Daily Analysis

Natural Gas has a habit of keeping everyone guessing, and just when the picture seems to be coming together, Natty finds another way to complicate things. But sometimes, the most interesting developments happen when the market appears to be doing very little. A few subtle shifts can reveal far more than a spectacular rally or selloff. So, is Natty finally putting the pieces together, or is the market preparing another surprise? Let’s see what the charts have to say. CANDLES & TA: Today, Natty formed a potentially bearish daily candle and a moderately bullish 3D candle. The consolidation period is not over yet. The mid-term outlook is leaning bullish, but the short term still needs confirmation. Overall, Natty is closer to neutral in the short term, while the mid-term timeframes are bullish to varying degrees. ELLIOTT WAVES Mid Term No changes to the Elliott Wave estimates. Natty wouldn’t be Natty…