The movement of late is now testing the the lows and giving up the premium afforded the June contract during last months declines. It was interesting to watch the bounce off of $2.11 and prices firmed through the close. This will continue to get interesting as prices are now going to deal with another bearish storage report.Play the low end of the range.
Major Support:$2.134-$2.14, $2.12, $2.00, $1.991-$1.96, $1.795-$1.766 Minor Support: Major Resistance $2.543-$2.604, $2.836, $3.00, $3.536, 3.595
