July Expires Strong

Daily Continuous

If you needed additional evidence of the strength in Nat Gas prices look to yesterday’s expiration and following its last three predecessors by rallying into expiration. Not much you an say about a bull run outside of what I highlighted in the Weekly section yesterday. The consolidation should commence but not convinced the rally in mid-term is over.

Major Support: $3.396, $3.368-$3.316, $3.198, $3.129, $3.02
Minor Support:
$3.511-$3.538,
Major Resistance: $3.722

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