Natural gas is in a bullish consolidation and is expected to break above $2.90 and reach the next resistance at $3.04.

Next up into nat gas, you can see here nat gas has been doing a great job ever since here on Monday, August 10th when price got back above this key level at $2.75. And when it did so, notice this consolidation that's occurring since then. All very nice bullish consolidation following a V-shaped recovery on that chart. We've got a key threshold to get over at $2.90. We've had price both on Wednesday, the 19th of August, and Monday, the 24th of August, get very, very close to touching and testing those ranges, but then you can see price is simply rejected it. Now, we have price uh navigating back up to the high range of the consolidation again today. I'm anticipating this bullish consolidation to result in a break above this $2.90 level into the next key level of resistance just over $3 at $3.04.