Natural gas yesterday traded with the negative node and settled -2.52% down at 190.3  for the first time in four days as cool weather in the US East and Southeast reduced demand for gas-fired electricity to run air conditioners. Gas dropped as much as 1.9 percent after forecasters including Commodity Weather Group LLC in Bethesda, Maryland, said temperatures will be below normal in parts of the Midwest, Southeast and Northeast through May 21. Power plants use 30 percent of the nation's gas supplies, according to the Energy Department. The high temperature in Boston on May 21 may be 63 degrees Fahrenheit (17 Celsius), 5 below normal, according to AccuWeather Inc. in State College, Pennsylvania. The high in Chicago may be 73 degrees, matching the normal temperature. For today's session market is looking to take support at 187.3, a break below could see a test of 184.2 and where as resistance is now likely to be seen at 194.6, a move above could see prices testing 198.8.

Trading Ideas:

Natural Gas trading range is 184.2-198.8.

Natural gas slipped in on concern that demand for the fuel may decline

Natural gas looks to test support at 187.30 and resistance is seen at 194.60.

Forecasters said temperatures will be below normal in parts of Midwest, Southeast and Northeast