Actually $3.60ish is the support level.  Another important factor to take into account is how NG actually dropped 8% in the 2 weeks ahead of the report and then another 5% after the report.  Tells me that it is oversold and I expect NG to move back towards the $3.75ish level in the short term.  Of course the warmer then expected forecast for the next 4-5 days may play an important role in determining how quickly it will move back to $3.75ish.

I hold HNU and added another 1/3 position yesterday on weakness.  Only need HNU to move up 65 cents for green. I think the Jan/Feb contracts will  move in tandem towards $3.75 and possibly higher if any further news of cold weather or producers intentions to cut further production.