NG Short — Natural gas' short-covering bounce is running out of

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NG Short — Natural gas' short-covering bounce is running out of Henry Hub Natural Gas FuturesNYMEX:NG1!mnktrdA recent short-covering bounce in natural gas has stalled, aligning with a broader bearish fundamental outlook driven by high storage and strong production. The failed breakout trigger confirms upside momentum exhaustion, offering a pullback short entry. With structural oversupply still dictating the macro trend, this setup anticipates a reversion back toward recent support as the bounce fades. 📍 Entry: 2.765 🛑 Stop: 2.815 🎯 Target: 2.710 ⚖️ R:R: 1.10