Nat Gas has broken through 3.626 as we look now for the next target of 3.684 to take profit on some longs, but there is scope for a move as high as 3.744 this week. We exit all remaining longs here and sell in to shorts with a stop above 3.770 Support seen at 3.608 then in the 3.585/3.579 band below where we meet last week’s high. We will exit any shorts and buy in to longs here with a stop below 3.560.





Long term levels

3.933     2012 High

3.804     200 Week Moving Average

3.748     December High

3.579     Last Week’s High

3.354     100 Week Moving Average

3.338     100 Day Moving Average

3.328     Last Week’s Low

3.079     Weekly 38.2% Fibonacci

2.943     200 Day Moving Average


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