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Natural Gas: Tuesday, February 23

Posted on: February 23, 2016

Gas continues to try and hold on at the front of the curve, with the front future settling 2 cents higher on Monday at $1.82. The back of the curve is still getting pounded though, as selling pressure further out flattens the curve. For this analyst a loose indicator of natty prices is the number of days where I had to wear a toque on the walk to work, and its simply not high enough this winter to inspire heating demand.

Today we see support around $1.76 and resistance around $1.95.

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