Natural gas rose buoyed by a report of rising industrial output in China and storms in the Atlantic. In the Caribbean, a cluster of storms has a 40 percent chance of becoming a tropical cyclone in the next two days, according to the National Hurricane Center. U.S gas stockpiles gained 58 billion cubic feet to 3.164 trillion in the week ended Sept. 3, the Energy Department reported last week. Natural Gas yesterday we have seen that market has moved 1.61%. Market has opened at 179.8 & made a low of 178.3 versus the day high of 184.5. The total volume for the day was at 63257 lots and the open interest was at 24054.Now support for the Natural Gas is seen at 179.4 and below could see a test of 175.7. Resistance is now likely to be seen at 185.6, a move above could see prices testing 188.1.

Trading Ideas:

Natural Gas trading range is 175.7-188.1.

Natural gas rose buoyed by a report of rising industrial output in China

Natural gas looks to take resistance at 185.60 and support at 179.40

In the Caribbean, a cluster of storms has a 40 percent chance of becoming a tropical cyclone