Natural gas fell as forecasts for cooler weather across a wide swath of the U.S. could temper demand for the fuel at a time when ample gas supplies are already in storage. A cluster of thunderstorms moving over Florida could develop into a "low end “tropical storm. However, it will have "little or no impact" to energy infrastructure in the Gulf. Natural Gas yesterday we have seen that market has moved -4.1%. Market has opened at 207.4 & made a low of 198.3 versus the day high of 209.2. The total volume for the day was at 55128 lots and the open interest was at 19279.Now support for the Natural Gas is seen at 195.1 and below could see a test of 191.3. Resistance is now likely to be seen at 206, a move above could see prices testing 213.1.

Trading Ideas:

Natural Gas trading range is 191.3-213.1.

Natural gas fell as forecasts for cooler weather across wide swath of U.S. could temper demand

Natural gas looks to take resistance at 203.20 and support is at 195.10.

A cluster of thunderstorms moving over Florida could develop into "low end “tropical storm