March natural gas prices traded fractionally lower during the early morning hours as they digested Monday's upside price reversal. Some traders indicated that selling interest appeared to dry up as March natural gas challenged the October 2010 lows, and that inspired a modest short covering rally. There were also ideas that the market had already priced in this week's rise in temperatures, which could leave it vulnerable to further upside on any indication for a return to colder weather.
(Source: http://community.nasdaq.com/News/2011-02/morning-natural-gas-market-report-for-2152011(2).aspx?storyid=57774)
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