Natural Gas on the NYMEX had a volatile week closing at $2.92. 0.70% lower than the week before. Thursday’s weekly storage report confirmed only a 66Bcf injection and yet the price found the same resistance just above the $3.00. This market shows consistency in its range bound price and we are not willing to buy it for the longer term, not unless we see a clear break above the $3.10. Weather is expected to become hotter in the United States and Canada, demand will increase, so we will find opportunities to sell the same rallies at any sign of exhaustion. On the hourly and 4-hour signaling of the RSI and MACD we can, as well, buy the short term, setting the appropriate stops. Trading volumes remain around 150.000 so we feel price will show the same volatility as in the last two months. Stronger Dollar is to be monitored permanently. Price remains 3,65% lower than a year before and, as summer progresses, we feel that if it doesn’t reach $3.10 in the coming weeks, the bearish sentiment will look very probable as oversupply is significant for this market in the last couple of years.