A slight breather as expected for NG prices after such a strong reversal, from the storage report lows on 6/27/2025. Support for NG based on volume looks to be in the $3.55 to $3.65 range, before continuing a move up to $4+. 
NG1!
NG1! Trade active
Bearish Momentum, took us further down than the $3.55 & $3.50 support levels, driven by more than expected cooling in the weather models. We seem to have finally found support, and bounced very strongly off of the $3.30 level.Note
Bulls have taken back the crucial price level of $3.40, a 10 point+ reversal from the morning low, if they hold until close we've found a new support level in the $3.40's.Note
Bulls pushed up to a morning high of $3.52, a remarkable reversal from yesterday’s low, and a great sign given that the weather models have yet to heat back up. Slight profit taking occurring, but we should see more supportive buying throughout the day.Note
I believe bulls have supported the $3.50 level, through the early part of this session, and with a bullish storage report we will continue the march up!Trade closed: stop reached
Bearish miss on the storage report, all bullish momentum has been killed until the heat shows back up in the models. It been a great run since the lows, of the session I made this post. From $3.29 to a high of $3.57 before the storage report. I want to thank you for following along, this post, and good luck out there. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.