Natural Gas broke 4350/40 but bottomed just 11 ticks above our next target and trend line support at 4275/65. We can use 4285/75 for a buying opportunity again today with prices oversold at this stage. However longs need stops below 4260. This would break the 4 month trend line and is a negative signal. We should then target the 100 day moving average at 4190.
Immediate resistance at 4355 but above Friday's high of 4376 is more positive for this week and targets 4400/4420.