What is with this– all you fundamental folks are telling me weather forecasts are bearish for November and Storage will be HUGE at the end of the month– what gives with a $.50 rally. Oh- one reader blamed it on the early and Sunday trade and not the general market– Huh– yo fool — if it was so false and misread bearish bias, why did it not sell back in the full market– seemed like a great place to put shorts on. I digress– no clue why the rally but will mention that the market had declined for the month of October — and prices will not go down for ever in spite of some of your wishes. Would look to sell the gap until it closes above it– then flip and length for the top side of a new range. If it does close above it make sure you have some shorts out there.
Major Support: $4.948, $4.903, $4.716, $4.705-$4.68 Minor Support: $5.47 Major Resistance: $6.314, $6.456, $6.74, $7.18, $7.532, $7.71-7.75, 8.021,
