Robert P. Balan's seasonality models for Natural Gas and EQT are rolling over and point to a decline into March 2027, if the seasonal pattern holds.
The 7630 hold doubled to +34.5 right under the 7632.32 print, while the 7650 hold faded from +41.9 to +16.6. Likely close: 7630.
The print at 7632.18 sits on new holds at 7630 (+17.4) and 7635 (+10.4), while the strongest hold at 7650 grows to +41.9, 17.8 points above. Below, 7620 (−11.4) caps the 7615 hold.
A 25-point slide drops the print to 7629.58, in the middle of the 7615–7650 zone. 7615 firmed to +10.2 below, 7625 just under the print has nothing there (−15.0), and the strongest hold is 7650 (+28.5), 20.4 points above.