The Gap

Daily Continuous

Prices started to close the gap from the open on Monday, climbing into the low end of the gap at $3.931. This closes the first $.05 of the total gap. Would not recommend buying into or selling into this move– rather take a day and a storage report to confirm the trend, whether that trend is a continuous decline or the start of a rally that may take prices through the gap and higher.

Major Support: $3.734, $3.584-$3.522
Minor Support:
Major Resistance: $3.91,
$4.02, $4.127, $4.25 $4.61, $4.67, $4.735, $4.825, $5.1

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