Natural gas ended lower as ample supplies, weak demand and moderate temperatures in the major gas-consuming regions continued to weigh on prices. Mild weather in the U. S. Northeast and Midwest over the next two weeks was expected to curb demand for natural gas for heating. Natural Gas yesterday we have seen that market has moved -0.62%.

Market has opened at 210.4 & made a low of 204.2 versus the day high of 210.4. The total volume for the day was at 33258 lots and the open interest was at 12352. Now support for the Natural Gas is seen at 205.10 and below could see a test of 201.50. Resistance is now likely to be seen at 211.30, a move above could see prices testing 213.90. NATURAL GAS TRADING RANGE IS 195-220.

Trading Ideas:

NATURAL GAS ENDED LOWER ON AMPLE SUPPLIES AND WEAK DEMAND

WAIT FOR FRESH ENTRY ONLY A BREAK ABV 212 LOOK TILL 218-220

NOW RES IS AT 210.40 ABV THIS A RALLY TILL 213-215 CAN BE SEEN.

SUPPORT FOR NATURAL GAS IS AT 206.20 BELOW THIS NEXT LVL IS AT 203.80-201.60.

NATURAL GAS $ IS TRADING AT : NATURAL GAS STORAGE: EXP: 17B PREV: 29B