Yesterday had a fairly narrow trading range but extended the range up to $2.688 only to be unable to hold those gains through the day. Would expect these types of daily actions as long as the demand information remains the same (yes, many of you alerted me to the forecast changes over the weekend as the reason for Monday’s gains). Just remember that when those forecasts warm, the market will be down $.15 in a hurry.
Support: $2.373, $2.255-$2.176 Minor Support: $2.483, $2.162 Major Resistance: $2.66, $2.74-$2.789, $2.89, $2.98-$3.05, Minor Resistance: $2.806
