Natural Gas Is Looking For A Deeper ABC Correction

Natural gas is looking for a deeper ABC correction that can push the price lower before bulls show up again by Elliott Wave Theory.

black and white gas stove

Image Source: Unsplash


Natural gas (spot) with ticker NATGAS is turning sharply down along with Crude oil, so commodities are weakening in general, and energies could see even more weakness. Natural gas looks to be still trading in a higher degree ABC correction, where wave C can now drop the price down to 2.3 – 2.0 support zone before bulls show up again.

Natural Gas Is Looking For A Deeper ABC Correction NATGAS Daily Chart

NATGAS Daily Chart

Basic Elliott Wave bullish pattern shows that Natural gas could resume higher after current ABC corrective decline.

Natural Gas Is Looking For A Deeper ABC Correction Basic Elliott Wave Bullish Pattern

Basic Elliott Wave Bullish Pattern

For a detailed view and more analysis like this, you may want to watch below our latest recording of a live webinar streamed on June 23 2025: Direct Link


More By This Author:

Bitcoin And Crypto Market Could Be Now Finishing A Correction Within Bullish Trend
GateChain Slows Down Within An Impulsive Bullish Trend
USD/CAD Steps Into A New Correction

STOCKS IN THIS ARTICLE

Also Mentions:

Comments