As discussed two days ago, the expectation of prices testing the $2.95-$3.00 zone has occurred and yesterday, after the storage release there was a brief counter rally that took prices up on to have them be sold during the remainder of the trade day. Seem like the market is starting a consolidation process in order to define the upcoming bias.
Major Support:,$2.727-$2.784, $2.648, $2.39, $2.35, $2.112, Minor Support : $3.00-$2.95, $2.914, $1.856,$1.89-$1.856 Major Resistance: $3.16, $3.307 $3.392, $3.487
