Not too sure what to make of the trade yesterday. The Storage release came well within expectations (according to the press reports) only to go nowhere on the release. Then prices started a solid onslaught of gains through the day– challenging the $9.00 late in the morning. From the tech side — rally to the resistance with a brief break out above only to fail at the next level of resistance and close just above the previous resistance zone — not what I would suggest as compelling rally for higher prices.
Major Support: $7.55, $7.14, $7.078, $6.88, $6.754,$6.38, $6.02, $5.623, Minor Support:$7.35, $7.41, $6.42, $5.548, $5.40-$5.45 Major Resistance: $8.95, $8.996-$9.057
