Natural Gas (Henry Hub)
Short
Updated

HnS in the progress

361
We see the EIA show a slight bullish sign and PA was acting like it is heading into winter, but that is due to a one week spring weather spike and is not sustainable. So I am expecting a big retrace in 1 week, or 2, unless it hits the new high. The strong retrace would omit the right should build directly.
Note
could be a 3 Drives pattern
snapshot
Note
similar OIL structure which cause it fall. snapshot
Note
many different patterns point to same down target... snapshot
Note
first tp reached

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