The natural gas markets had a fairly quiet session on Tuesday as the market continues to consolidate in this area. It should be known that there were reports of increased demand, and fewer drillers operating in the future, but even this wouldn't push prices up for any real length of time. In fact, the action was bullish at first, but faded away towards the end of the session. The market looks like it will continue lower, and as such we are selling this market on any type of rally or when it breaks lower. Buying cannot be done under any circumstances.

Natural

Natural Gas Forecast March 7, 2012, Technical Analysis

Natural Gas Pivot Points (Time Frame: 1 Day)

 Name  S3  S2  S1  Pivot  R1  R2  R3

 Classic
2.1927
2.2523
2.2907
2.3503
2.3887
2.4483
2.4867

 Fibonacci
2.2523
2.2898
2.3129
2.3503
2.3878
2.4109
2.4483

 Camarilla
2.3020
2.3110
2.3200
2.3503
2.3380
2.3470
2.3560

 Woodie's
-
2.2470
2.2800
2.3450
2.3780
2.4430
-

 DeMark's
-
-
2.3695
2.3407
2.2715
-
-