NG (Natural Gas Futures) — Technical Structure AnalysisHenry Hub Natural Gas FuturesNYMEX_DL:NG1!ChartsSpecialist📈 NG (Natural Gas Futures) — Technical Structure Analysis Chart Visual & Pattern Layout: ChartsSpecialist (via TradingView) 🔍 Technical Observations Major Resistance Rejection Zone: Price action encountered strong overhead supply around the 3.339 – 3.393 band ("Major Resistance"), forming multiple long upper wicks before undergoing a extended multi-week sell-off. Bearish Candlestick Dominance: The middle-chart annotation rightly highlights that "Red candle are more powerful then green," indicating strong downward impulse legs accompanied by weaker, lower-volume corrective bounces. Approach to Key Base Support: Following continuous lower highs and lower lows, price action is currently stabilizing around 2.675, closing in on the horizontal demand floor labeled "Lower Low" between 2.491 – 2.512. 📚 Technical Analysis Concepts Demonstrated Horizontal Range Dynamics: Examining supply distribution near multi-month highs vs. demand absorption near multi-month lows. Candlestick Momentum / Body Expansion: Comparing large red marubozu-style expansion candles against smaller, hesitant green recovery candles. Support Base Re-tests: Analyzing price behavior as a commodity market retraces back toward major structural floors. 📌 SEBI Compliant Educational Disclaimer Regulatory Disclaimer & Disclosures: Educational Purpose Only: This post analyzes chart patterns and technical concepts strictly for learning and educational purposes. No Recommendation: This content does NOT contain target levels, stop-loss triggers, entry calls, or buy/sell/hold recommendations. SEBI Registration Status: ChartsSpecialist and the publisher are NOT SEBI-registered Research Analysts or Investment Advisors. Risk Warning: Securities trading involves market risk. Past patterns do not guarantee future price movements. Please consult a qualified financial advisor before taking any market positions. #ChartsSpecialist #NG #NaturalGas #Commodities #TechnicalAnalysis #ChartReading #StockMarketEducation #SEBICompliant #PriceAction #TradingView #SupportAndResistance #FinancialLiteracy