Testing Support

Daily Continuous

Prices continued to decline and gave a weak test of support with the lows. From there, prices rebounded slightly. Not sure if that was a full test of the support zones between $1.555-$1.519, as there may be a test today on the storage report. Play the range.

Major Support: $1.611, $1.555, $1.481
Major Resistance: $1.99, $2.029, $2.08-$2.10, $2.34, $2.437, $2.48-$2.52,
Minor Resistance: $1.728, $1.806, $1.883,