On a day where the energy sector was taken to the shed — Natural gas started with gains an kept them through the day— regardless of the dollar. It is starting to seem like some investors are wanting to see the response over $3.80 similar to the trade over $3.40 a few weeks ago. My comments are the same now as then when you are near the top of a range you sell for profits and if shorting outright– keep stops tight.
Major Support: $3.58, $3.538-$3.511, $3.385, $3.368-$3.316, $3.198, $3.129 Minor Support:$3.508-$3.485 Major Resistance:$3.722, $3.769, $3.811-$3.821, $3.87, $4.66
