Range Starts To Develop

Daily Continuation

As suggested, prices have now started to develop as prices declined to find an area of support (zone around the breakout zone in the mid $2.40’s) then prices to rally back into the declines from yesterday. Today will be interesting as the volume will help define the upcoming range for prices in the near term after the storage report is released.

Major Support: $2.00, $1.991-$1.96, $1.795-$1.766
Minor Support:$2.47, $2.38-$2.26, $2.17
Major Resistance$$2.685, $2.707, $2.816-$2.836, $3.00, $3.536, 3.595

To read The Daily Call you must be a subscriber (Current members sign in here. ) Start your subscription today.