A little action on the report itself — but in reality it was a slow and methodical meltdown well off of the report release. Price reaction has been trading on fundamental weather forecasts — so to me it will be interesting to watch the selling in the face of 1Bcf/d decline in production and all of the announced declines from the operators.
Major Support:, $1.595, $1.52-$1.519, $1.432, $1.312 Minor Support : Major Resistance: $1.863, $1.94-$1.967, $2.00, $3.00, $3.16, $3.48, $3.536, 3.59,
