NATGAS Sets New 30-Day Low

NATGAS slipped to a new 30-day low of 2.6203, just below the prior extreme of 2.623. The move represents a continuation of recent downside pressure, with the price now trading above the YTD low of 2.5933.

• Price broke below the 30-day low at 2.623, establishing a new extreme at 2.6203.
• The decline of 0.10% marks a fresh short-term low but remains above YTD support.
• Market structure shows continuation, not a reclaim, as no reversal above prior extreme occurred.