Elliott Wave Analysis: Natural Gas Looks Bullish
It's been a while since I looked at Natural gas. But I see some nice price action now, so I decided to share it. There was a nice three wave decline from the high followed by an impulsive rally above the upper trendline of a corrective channel. That's a bullish pattern that is pointing back to 4.58. Any short-term retracement back to 4.210/250 should be corrective and temporary.
Natural Gas 4h Elliott Wave Analysis
WEBINAR: Trading With Elliott Wave Principle
The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.