Storage report provided little impact on prices yesterday as the treading continues. If your active trading you have to be patient and work the larger points of support or resistance to initiate positions. The general market is bullish (higher highs and higher lows) and the seasonal is bullish as we are in Q4 which historically brings strength. Fundamentals show a bunch of gas in the storage as we head into winter, production remains at summer highs, and the only wild card is LNG (been strong of late and growing). Good luck picking your direction as the market is in the middle of the Dec range.
Major Support: $3.25, $2.98-$3.03, $2.82-$2.78, $2.74, $2.608, $2.47, $2.00, $1.991-$1.96, $1.795-$1.766 Minor Support $3.16, $2.84, $2.38-$2.26, $2.17 Major Resistance $3.48, $3.536, 3.59, $3.65
