Natural Gas Probes Upside Breakout After Friendly Inventory Report
In the aftermath of a "friendly" Natural Gas Inventory report, nearby futures popped to 3.11-- right into June-July resistance at 3.10-3.12, but has since backed away to 3.08.
Key nearest-term support rests at 3.06, which must contain weakness to avert a press into the 3.02-3.00 support zone again, amid another failed, upside-breakout attempt.