Suggested in yesterday’s Daily that you may want to take a day to observe, which turned out to be wise. Prices rebounded over 40% before calming into a range trade between $7.40 and $7.60 for the majority of the day. The market seems to want to develop a range trade, but not sure a storage release will provide that type of environment to develop.
Major Support:$7.36, $7.21, $6.60 Minor Support: $$6.60, $6.245, Major Resistance:$7.66, $7.725, $7.816, $7.955
