Rocking Slowly to Resistance

Daily Continuous

After testing support earlier this week, prices showed some strength and crawled up to enter some of the near term resistance around $2.94-$3.00. We have a storage report that may effect prices– but I doubt it will have impact on the longer term bullish market bias.

Major Support:, $1.595, $1.52-$1.511, $1.481, $1.312
Minor Support : $2.944, $2.64, $2.448, $2.168, $2.12, $2.00, $1.967- $1.94
Major Resistance:
$3.00, $3.16

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