Slight Declines as IDA Moves Northeast

Daily Continuous

Price rally suffered slight break down to the close from the last Thursday’s rally off of the storage report. That initial test of support was a likely spot for prices to find. Now we start to evaluate the actual damage and power loss from the storm, which will likely keep prices volatile for the next couple of days.

Major Support: $4.211, $4.156, $3.92, $3.821, $3.722, $3.58, $3.538-$3.511, $3.385, $3.368-$3.316,
Minor Resistance: $4.508-$4.485,
Major Resistance:
$4.532, $4.66

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