The natural gas markets rose again on Wednesday, but fell in the late part of the session. The market failed at the $4.05 area, which is just under our $4.10 resistance level. We feel that a position can be taken to the short side on signs of weakness at this point. The breaking of the $4.15 area could be a signal to get out, but it certainly isn’t a signal to buy as there is about 85 cents above that level that should be resistive. We like selling as it has us going with the overall trend, and it also has us aiming for the bottom of the recent range down to $3.85 area.
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