By CommoditiesMansion.com
The Natural Gas contract had an extremely bearish day today, falling 16 cents. The commodity has found support at the $4.20 level, a level which we stated might prove supportive.
Buyers could be attracted to the market at this point, and a supportive bar will be needed to feel good about buying. The prudent play will be to wait until the end of tomorrow and read the market and its mood at that point. A break below the $4.20 area will have us looking for support at $4 as well.
Originally posted here
