
Natural Gas (Henry Hub) Last-day Financial Futures (Feb 2031) forum

Price below neckline ($3.51). Head-and-shoulders target: $1.50-$1.65. Technically, unlikely to reach target.
EIA: +55 Bcf (week ending July 2), inventory at 2,953 Bcf.
Weather: Seasonal (~70-85 Bcf/6 days forcast). Steady, no change.
Forecast Price Action:
Short-term (1 week): $3.15-$3.25
Medium-term (2-3 weeks): $3.10-$3.20
Long-term (1-3 months): $2.50-$2.70
Trend: Bearish short term, long term bullish, in other words pull back to support ,
Technical Note: Focus on 1-week chart to reduce noise. $3.38 is key weekly pivot point. Expect choppy action, likely a move lower, then a bounce, repeating. 3.00 also seems to be a big round number to watch, lets see how it plays out, Good hunting!



