Tatiana Kashyrskaia
⬤ Natural gas prices keep pushing higher after a clear technical shift earlier this week that changed the game. The move kicked off with a confirmed tweezer bottom formation, then jumped with a gap-up spinning top candle that landed above the 50-day exponential moving average. This pattern showed a real change in how the market was behaving—buyers were stepping back in after prices had been falling for a while.
⬤ The reversal got even stronger with a powerful follow-up session. A large expansion candle came right after the tweezer bottom, proving buyers meant business and catching anyone who bet against the move off guard. This surge pushed natural gas way up inside the broader descending channel, moving prices toward the top of that range and giving short-term control back to the bulls.
⬤ Lately, price action has moved into a smaller-range bullish continuation candle. But this doesn't mean the rally's running out of steam—it's actually just taking a breather after the big jump. Natural gas is holding above both the 50-day and 200-day exponential moving averages, with the technical structure staying solid. Bulls are protecting these higher levels while the market digests the gains near old resistance areas, including the zone from February to March highs.
⬤ This matters because it shows natural gas has shifted from correcting to actually building upward momentum again. The confirmed reversal, aggressive continuation, and steady consolidation all point to better sentiment and stronger conviction from traders. As long as prices keep respecting the key moving averages and holding this structure, momentum favors the upside—which shapes what to expect for near-term trends and volatility across the energy market.
Tatiana Kashyrskaia
