Natural gas settled positive but pared most of its gains amid rising supplies and unseasonably warm weather. The swelling of supply and stunted demand have continued for long enough that some analysts aren't expecting the latest data to exert much influence on the market. Natural Gas yesterday we have seen that market has moved 1.13%. Market has opened at 168.5 & made a low of 167.9 versus the day high of 173.9. The total volume for the day was at 41522 lots and the open interest was at 12957.Now support for the Natural Gas is seen at 167.3 and below could see a test of 164.6. Resistance is now likely to be seen at 173.3, a move above could see prices testing 176.6.

Trading Ideas:

Natural Gas trading range is 164.6-176.6.

Natural gas settled positive but pared most of its gains amid rising supplies

Natural gas looks to test support at 167.30 and resistance is seen at 173.30.

Today natural gas storage: Exp: 72B Prev: 93B