Not sure what happened or hit the news wire but prices caught a major bid, rallying $.25 in 30 minutes at the end of the day yesterday. Range trading around $5.80-$5.90 until a whole bunch of folks decided it was wise to be buying. Still trading in the range discussed — I was surprised to see a rally going into a storage report which is likely to show another injection– perhaps the last of the month due on weather this week. Whatever happens — it is again another mystery.
Major Support: $5.61-$5.44, $4.716, $4.705-$4.68 Minor Support: $5.47 Major Resistance: $6.456, $6.74,$7.00, $7.18, $7.532, $7.71-7.75, 8.021,