NatGas Proves CAUSE

KOLD, the SHORT for NG shows weakness.

NatGas, still at elevated production levels which is still increasing Supply, to a level higher than the 5-year average, has been trending down in a single 5-Wave structure since April 2025. Simple Supply & Demand.

Finally, she is showing weakness in Wave 4 which is a bearish flag for BOIL and a bullish flag for KOLD. Weakness, as shown by Price-Indica…