Expansion Tests Jan Low of May Gas

Daily Continuous

Storage report gave the bears the chance to break the near term support around $2.70. The breakdown did take prices to test the Jan low of May gas ($2.689) but stopped at the 2025 low of $2.622. Now, do the recent low volume lows continue or are prices going to find a bid off this test.

Major Support: $2.622, $2.640-$2.57
Minor Support/Resistance :
$2.87-$2.84, $3.16-$3.148, $3.136, $3.02-$2.97
Major Resistance: $3.35, $3.486-$3.494, $3.567, $ 3.736

To read The Daily Call you must be a subscriber (Current members sign in here. ) Start your subscription today.