Here is my take on NG, I think everyone is looking up and I’m not so sure so here is my theory. Nothing to do with weather or inventories, just price action and maybe the odd Wolfe wave/ I usually don’t stay in DGAZ over night because it is hazardous to the trading account, but with the huge gravestone doji left behind and the potential for very bullish set ups materializing with a price decline I stayed in. Price hit my entry point for a bearish wolfe wave at the top so I figured I have a good position from which to gamble.

Included are the Daily, Weekly and Monthly charts to show my thoughts, not saying it is right and may seem extreme to some but I guess that is just the way I roll. The daily may seem cluttered but I see everything relevant on the chart, some things i deem relevant had to be left off because of space, if you have any questions or want to rip the thesis apart, have at er boys.