Winter comes to an end in Nashvillethe 3 day winter season is ending today in Nashville and Atlanta and it was what was expected in the forecast. Expect the drawdown on the 28th EIA report to be in the 200's, but that is known by all the traders already and will not effect the price much, since it will be the last draw in that range for the season. Feb entire month is average winter temp for Nashville and Atlanta, The glut prediction in March is going to knock the price of NG down. Trend down channel is still valid.
150 is the current expected draw down for release this Thursday, that's around 50 short of this week last year and about 20 shorter than 5 year average.
The chart is showing reluctance to push through the resistance today.