Henry Hub Natural Gas Futures forum
Momentum signals and the Negative Volume Index suggest retail traders have exited, while institutional selling appears to be fading on the 1H and possibly shifting to dip-buying on the 15M.
Regular bullish divergences are stacking up on the 1H, hinting at a weakening downtrend. Meanwhile, hidden bullish divergence on the 4H points to potential bullish re-entry in line with the broader trend.
I'll be watching price action on Wednesday and Thursday for confirmation. If bullish divergence holds and buyer strength builds as price tests 3.65–3.55, I’ll look to enter long within that zone.
Good luck everyone!

Initial bearish sentiment driven by long liquidation gave way to cautious bullish positioning mid-month. The strong rally from Jun 16–20 was fueled mainly by short covering, not new buying. The sharp decline on Jun 23, alongside falling OI, signals cooling sentiment and possible fading bullish conviction. The market is now vulnerable unless fresh buyers step in.
still my tp 4.33+ is valid if not broken 3.540
