Just Can’t Muster the Commitment

Daily Continuous

So close to both ends of the range trade but prices don’t have the commitment to break through either direction. Perhaps — this will lead to anther calm expiration but you never know with options expiring on the storage report this Thursday. That event may lead to some volatility, because this market, currently, is not showing any bias direction.

Major Support: $2.82-$2.78, $2.74, $2.608, $2.47, $2.00, $1.991-$1.96, $1.795-$1.766
Minor Support $2.84, $2.38-$2.26, $2.17
Major Resistance $3.00, $3.185, $3.42-$3.48, $3.536, 3.59

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