What A Week

Daily Continuous

Explained in the Weekly section about an issue with my charting software and not being able to chart the run on the expiration day of Feb gas. Will look to correct this week. Regardless of charting software– the market did not give up the gains in Mar gas and the open on Sunday night confirmed the strength on Friday. The Weekly section discusses the history of Mar gas after Feb expiration and trading in early February and recommend reading as it highlights what to expect this week. Due to the volatility around the expiration and Sunday night– I will be sidelined until the market has a chance to define its new ranges — that said it seems that the bullish bias to trade is back and that dips will likely be bought.

Major Support: $4.19-$4.186, $3.734, $3.63, $3.584-$3.522
Minor Support: $4.52, $4.38
Major
Resistance: $4.73, $4.876, $5.088, $5.81

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