The rally extended to the highs from last Fall, but could not hold the gains. Would still consider this consolidation — waiting for the next piece of news to give directional bias. That news will likely come from the weather forecasts. Expect this pattern to continue near term as forecasts will impact directional bias within the technical range being established.
Support: $2.547-$2.566,$2.373, $2.255-$2.176 Minor Support: $2.483, $2.162 Major Resistance: $2.74-$2.789, $2.89, $2.98-$3.05, Minor Resistance: $2.806
