Natural Gas Futures Pierce Resistance


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Natural Gas futures, which are trading higher for the sixth day in a row, traded in the 3.90 handle for the first time since October 21, when it peaked at 3.986. Since breaching Monday's high (3.884), the contract has reach 3.912 before retreating to 3.8997. Traders may be focusing on a close above 3.90 in order to determine if the contract may be making a move to the 4 level.

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Posted In: FuturesTechnicalsCommoditiesIntraday UpdateMarketsTrading Ideas