Prices continued to the downside yesterday and into the comfort area that held trade during the calendar February. The very small gap from Feb 1st at $2.712 is likely the low for the month- therefore- expect prices to stay with in the majority of the range for February (either side of $2.82). It seems that the April contract, though a little weaker, is also staying within the comfort zone.
Support:$2.834, $2.74, $2.373–$2.356,$2.255-$2.176
Minor Support: $2.806, $2.71, $2.60-$2.554,$2.483, $2.162
Major Resistance: $2.98-$3.05, $3.082, $3.316-$$3.396, $3.486
Minor Resistance:$3.172