Hard to Sell Energy Now

Daily Continuous

Crude was up, Gas was up guess there are some geopolitical issues that the markets have to define. Putin loves higher crude prices — US producers are loving it and now it has spilled over to the nat gas market— OK– my comments from last fall should come into play about the limitations of LNG cargoes in the US — the again I am a technical analyst not a fundamental guy. Watch the highs from last week to enter from the short side.

Major Support:$3.972, $3.734, $3.63, $3.584-$3.522
Minor Support:
Major
Resistance: $4.26, $4.381, $4.46-$4.48,

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