Natural Gas is a very popular commodity to trade. It is worth keeping an eye on for the formation of wave 1 of an up-move. It seems that the larger-degree corrective move has completed in 2016. Short-term, looking for a bounce off the lower channel trend-line.
Comment:
Some indications of that lower TL bounce. Let's see what deveops, I would prefer to wait for a solid sub-wave 1 up to to arounf 25 - 40% to the upper TL, to retrace <100% and show good volume approaching the sub-wave 1 top.