Energetic

Dip Below Support Sparks Futures Rally

Probing below well identified support at $8.200 in Wednesday morning trade triggered an energetic round of buying in September natural gas futures that lasted well into the afternoon. The front-month contract peaked at $8.736 just after 1 p.m. EDT before sliding to close at $8.456, which was still good for a 12.6-cent gain from Tuesday’s regular session finish.

August 14, 2008