Natural Gas Forecast for March 28, 2011

Natural Gas produced an explosive (pun intended) day today, pushing up the price 15 cents, which is a significant move in this market. This is especially true when you see how strong it has been over the last few weeks. TO keep this kind of energy level up is quite an accomplishment.

By breaking higher, we have certainly put the $4.50 level on notice, and should test it soon. The support is represented by two doji candles and spans the $4.10-$4.00 levels.

(Source: http://www.commoditiesmansion.com/general-commodities/natural-gas-forecast-for-march-28-2011/)