Go into some of the technical considerations from last week’s trade action in the Weekly section. Suffice to say, as expressed last week in the Daily’s the gap from January got gradually chewed up during the week. It still exists and would expect this to be closed during the month. Suggest working within the small trading range for June gas for now ($2.12-$2.34).
Major Support:, $1.595, $1.52-$1.511, $1.481, $1.312 Minor Support : $2.12, $2.00, $1.967- $1.94 Major Resistance: $2.168-$2.411 (gap), $2.26