Natural gas ended lower amid a lack of immediate storm threats in the Atlantic Basin and expectations for milder weather next week. The market is also anticipating cooler weather as fall approaches. Mild weather can stifle demand for natural gas-fired power used to cool homes and businesses. Natural Gas yesterday we have seen that market has moved -0.36%. Market has opened at 193.4 & made a low of 192.7 versus the day high of 193.4. The total volume for the day was at 1009 lots and the open interest was at 17777.Now support for the Natural Gas is seen at 192.7 and below could see a test of 192.3. Resistance is now likely to be seen at 193.4, a move above could see prices testing 193.7.

Trading Ideas:

Natural Gas trading range is 192.3-193.7.

Natural gas ended lower amid a lack of immediate storm threats in the Atlantic Basin

Natural gas looks to take resistance at 195.80 and support is at 190.60.

The market is also anticipating cooler weather as fall approaches.