Natural Gas May Have Just Printed a Blow-Off Top — And a Textbook Shooting Star Reversal

Natural gas has been one of the strongest momentum markets in recent weeks, fueled by weather-driven demand expectations, short-covering, and a surge in speculative buying. But the price action late last week and into Monday suggests that the rally may have reached exhaustion. In fact, the latest candles show the classic fingerprints of a blow-off top followed by a sharp technical reversal.Natural gas close up burner by Freer Law via iStock