Natural gas ended lower as mild weather forecasts and expectations for the first increase in U.S. gas inventories of 2010 weighed on prices. The expected build would mark an early start to the natural gas injection season, when stockpiles are replenished to meet future heating demand. Natural Gas yesterday we have seen that market has moved -0.42%. Market has opened at 187.7 & made a low of 185.6 versus the day high of 189.3. The total volume for the day was at 11336 lots and the open interest was at 11023.Now support for the Natural Gas is seen at 186 and below could see a test of 184. Resistance is now likely to be seen at 189.7, a move above could see prices testing 191.4.

Trading Ideas:

Natural Gas trading range is 184-191.4.

Natural gas ended lower on mild weather forecasts and expectations of increase in inventories

Now resistance is at 189.80 above this a rally till 192-194 can be seen.

Today natural gas storage: Exp: 10B Prev: -11B

NATURAL GAS WAIT MARKET IS IN THE RANGE 186-190. ABV 190 LOOK TILL 194 LEVEL.