Continued the declines on Friday- closing the week on the lows. Not a lot of positive momentum when prices close on the lows of the week (and the week before). This was to expected if you follow the history of natural gas which was discussed here for the last week of so. Question remains though of how far down will the market pursue before finding a base to consolidate around. Go into some of the implication in the Weekly.
Major Support:,$2.727-$2.784, $2.648, $2.39, $2.35, $2.112, Minor Support : $3.34, $3.167, $3.00-$2.95, $2.914, $1.856,$1.89-$1.856 Major Resistance: $4.201, $4.378-$4.394, $4.461,
