The natural gas markets continued to fall on Tuesday as the supportive area at $3.50 has been “given”. The market looks extremely weak at this point, but one has to think a bounce should be coming. After all, there will certainly be some profit taking sooner or later. Because of this observation, we are waiting for a bounce to sell, more than likely at the $3.50 or $3.75 level as it should turn into resistance now that we are significantly lower. We cannot in good faith buy this contract as it is simply broken at this point.