That Is a Solid Test

Daily Continuous

That was a good test of support and now it is time to witness either a breakdown or a run to resistance. Sorry about not providing some clever insight as to the expected breakdown or break out but this type of consolidation trade is very common for nat gas and may continue for weeks. One event is guaranteed is there will be an end to this pattern — just a matter of when and direction.

Major Support: $1.611, $1.555, $1.481
Major Resistance: $1.99, $2.029, $2.08-$2.10, $2.34, $2.437, $2.48-$2.52,
Minor Resistance: $1.728, $1.806, $1.883,