This May Be a Confirmation

Daily Continuous

The rally off of a benign storage report took prices back up, nearing the resistance that rejected gains on Tuesday. This looks like a retracement and through consolidation, setting a higher low (near term) which may propel the gains for another test of resistance (likely) at $3.00. What happens there may well tell us of the near term range for prices — whether higher or lower.

Support: $2.373$2.356,$2.255-$2.176
Minor Support:$2.806, $2.71, $2.60-$2.554,$2.483, $2.162
Major Resistance: $2.92-$2.997, $2.98-$3.05,
Minor Resistance:

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