Does History Rhyme

Daily Continuous

Prompt gas followed history, drifting south after the holiday and closed the week lower after the expiring June contract extended the weakness associated with expiration’s of late. Now, does the rhyme continue with a rally in the July contract. Strength this week will lead to that potential– early trade Sunday night is showing some support off of tests of support.

Major Support:, $1.595, $1.52-$1.511, $1.481, $1.312
Minor Support : $2.168, $2.12, $2.00, $1.967- $1.94
Major Resistance:
$2.67, $2.844

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