June Nat Gas/Backing off Resistance *PIC*

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June Nat Gas poked its nose above 2.60 resistance on Wed close and typically pulled back after getting its head blown off. Price "MUST CLEAR AND HOLD" above resistance to then serve as support just like it did with 2.40 resistance. That saw price clear & close and then spend the next 5 days holding above 2.40 on each close confirming it as new support. Meanwhile price remains trapped between 2.40 support and 2.60 resistance. Technicals are still much improved. All NG has to do now is stay above 2.40 to continue to improve technically.

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