Natural gas appears to be correcting in an ABC zig zag from the high of 444 which could end at the price range of 240-260 for a wave 2 . a break of 3129 would set up the Zig zag scenario and will unfold in a 5 wave move to the downside in a c wave. the second scenario is we are unfolding in a wave 2 flat correction. until a break over 444 to confirm wave 3 to the upside is under way.
im leaning more towards the zig zag correction as of now ( standing aside as of now)
good trading
CK