Heading into expiration all I can say is there is a whole bunch of bears going to the same river to feed at the same time. Whether or not the storage number has anything to add to the upcoming expected feeding frenzy — I offer little insight. What I can offer is caution as it has been my experience when so many are expecting an “outcome” whether bullish or bearish it rarely works out to expectations.
Major Support: $3.269, $3.18-$3.09, $3.00 Minor Support: Major Resistance$3.536 –$3.63, $3.789, $4.22-$4.39, $4.75-$4.825, $4.948, $5.056