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.

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

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