Natural Gas Is Looking For A Deeper ABC Correction

black and white gas stove

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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


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