By CommoditiesMansion.com
The Nat Gas market was treading water in a tight range again for the second day in a row. Because of this, it is appearing that the $4.15 area might end up being larger resistance than what was first thought. We could see short-term moves to the downside as the bulls will look to consolidate their power.
The market has defined the $4.20-$4.05 area as the short-term market. Until we see prices above or below these levels, we will more than likely see the market bounce around in the short-term. Most moves should be shorter-term in nature for the foreseeable future.
