Natural Gas - 26 August 2025
You will come across specific terms in these notes (FLD, VTL, and so on). Rather than explain them each time, you will find definitions here: guidance notes for Hurst cycles terminology.
Natural Gas - approaching a 20 week cycle trough.

Price is channelling and grinding lower in a entrenched 20 week cycle downswing. We are looking for a 20 week cycle trough zone circa 2.45 and due in the first week of September. We are looking for a basing formation and an upside penetration of the 20 day FLD (potentially around 2.6 at the time). Note that the 20 week cycle trough will come in below the April 40 week cycle trough just above 3. This means that the next move higher will be counter-trend.