May. 10 at 2:58 PM
Natural gas (
$NG) remains stuck in a tight range — pure battle between bulls and bears.
LNG export demand + softer storage builds are acting as a floor, but record U.S. production keeps capping every rally.
No clear trend yet, just chop and traps on both sides. Bulls need sustained heat in updated weather models to force a breakout, otherwise sellers stay in control.
Watching
$UNG for the next directional move