Natural gas fell as mild weather signaled slower demand for the power-plant fuel, boosting U. S. stockpiles. Storms may reduce gas production by 66.3 billion cubic feet from September to November, with almost two-thirds of the reduction occurring this month, according to Energy Department estimates. Natural Gas yesterday we have seen that market has moved -1.09%. Market has opened at 183 & made a low of 178.7 versus the day high of 187.2. The total volume for the day was at 66439 lots and the open interest was at 27090. Now support for the Natural Gas is seen at 177.4 and below could see a test of 173.8. Resistance is now likely to be seen at 185.9, a move above could see prices testing 190.8 .
Trading Ideas:
Natural Gas trading range is 173.8-190.8.

Natural gas fell as mild weather signaled slower demand for the power-plant fuel

Natural gas looks to take resistance at 184.20 and support at 177.40

Storms may reduce gas production by 66.3 billion cubic feet from September to November