Did not see that move at the end of the trade day. Outcry session closed under normal action and then prices jumped $.10 in less than 10 minutes (after hours light volume but significant volume) almost looking like some sort of fundamental news hit the wire. Regardless, that shows the potential impact of a short covering event– not sure if that is the beginning but can guarantee that the slight rally did not have any impact on the short level of open interest. Most interesting to me is the storage report later in the week and how prices react. There is a potential, for some signals that market may give on how prices trade through the rest of the week.
Major Support:, $1.595, $1.52-$1.519, $1.432, $1.312 Minor Support : Major Resistance: $1.863, $1.94-$1.967, $2.00, $3.00, $3.16, $3.48, $3.536, 3.59,
