Prices opened and rocked higher only to give up all the gains by the day’s end. Hoping some volatility and directional bias occurs on the storage release today but not holding my breath. Natural gas is likely to stay in the range from $2.80-$2.40 for the next month or so– I would like to see a rally up to $2.80 in order to potentially flush some shorts.
Support: $2.422-$2.414, $2.373–$2.356,$2.255-$2.176 Minor Support: $2.483, $2.162 Major Resistance: $2.74-$2.789, $2.89, $2.98-$3.05, Minor Resistance:$2.806
