Spoke yesterday about the potential for two outcomes from the potential volatility associated with the storage report– the third outcome was the market goes nowhere. We got the third outcome and though there was a good rally off of the initial knee jerk decline, prices just settled back to where they have been the last couple of day. Volume was strong for the day as prices churned during the day-open interest has not been posted yet.
Support: $2.422-$2.414, $2.373–$2.356,$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
