Been a while since I have seen this type of commodity tear across the board and the continued gains are quite unreal. Not sure if you have been trading them, but corn, soybeans and copper have presented opportunities that are remarkable. Getting a little frothy now, but perhaps gas is trying to catch the tail wind as it continues to hold support and show positive trade each day. With the general commodity run — it may become more difficult to find a good resistance area and would not try picking a top or shorting at this stage– safer to play the ranges in the small increments that the ranges have provided. Just not convinced that gas will not be swept up into the run of nearly all commodities.
Support: $2.658, $2.52, $2.422-$2.414, $2.373–$2.356,$2.255-$2.176 Minor Support: $2.694, $2.483, $2.162 Major Resistance: $2.74-$2.789, $2.897, $2.89, $2.98-$3.05, Minor Resistance:$2.806
