Natural gas yesterday traded with the positive node and settled 0.23% up at 173.5. Some pressure had been seen from the crude also which closed down by -0.05%, and closed at 3830. In yesterday's trading session natural gas has touched the low of 172.3 after opening at 173, and finally settled at 173.5. For today's session market is looking to take support at 172.5, a break below could see a test of 171.6 and where as resistance is now likely to be seen at 174.2, a move above could see prices testing 175. Spread between natural gas NOV & DEC contracts yesterday ended at 11.10. Spread yesterday traded in the range of 10.1 - 11.1.

Trading Ideas:

Natural Gas trading range is 171.6-175.

Natural gas yesterday traded with the positive node and settled 0.23% up 5

Natural gas looks to test support at 171.60 and resistance is seen at 175.80.

Spread between natural gas NOV & DEC contracts yesterday traded in the range of 10.1 - 11.1.