The declines yesterday occurred prior to the actual release of the storage report indicating that the report had little to do with the movement (regardless of what the press says)– who cares anyway. Fact is, the market found the enthusiasm to pressure prices further. What is starting to develop in conversations — “winter is over”– OK play accordingly. Heard that in Nov 2017 only to find out (expensively) not so in December. Play this game with stops as the bias can flip quickly.
Major Support: $2.61- $2.621, $2.425,$2.373 Minor Support: Major Resistance:$2.82-$2.853, $2.887, $2.98-$3.05, $3.091, $3.151, $3.24, Minor Resistance:$2.637-$2.657, $2.663
