NG end-of-week low probability to hold above 5.60

Watching Natural Gas for the remainder of the week. Current price sits around 5.79. Given the recent bearish pressure and intraday low of 5.64, it feels like the bears still have some room to maneuver. I'd put the probability of $NG closing the week below 5.60 at roughly 65%. The current range still suggests vulnerability, and any further capitulation could easily push it through that level. The upside resistance around 6.00 seems to be holding for now, limiting bullish momentum.

Factors like storage reports and short-term weather forecasts could obviously shift this, but based purely on current price action and the inability to reclaim the higher end of yesterday's range, the downside looks more probable to test new lows by Friday's close.