As discussed yesterday, there was no surprise in the storage report yesterday and the reclassification of the gas behind PGE. Market now needs to continue to test support zones and seems to be getting some help from the rising dollar (bizarre as that sounds– discussed that a week ago). I am not taking positions on gas based upon the dollar quite yet — but I am tracking the two. Play the low end of the range from last week for support.
Major Support: $3.198, $3.12, $3.00 $2.914-$2.886, $2.78, $2.71-$2.70 Minor Support: $2.694 Major Resistance: $3.321-$3.33, $3.396, $3.482
