Made comparisons to last week’s price action to this week’s and that comparison ended quickly after the storage release. Price didn’t give up the gains after the week, but rather, closed the day at the highs of the day and then extended those gains in the after-market. I do not recommend play the lightly traded after market, so I will be waiting until the full market opens. Clearly, the recent range trade has been extended, and adjustments to the trading the range should wait for confirmation today. Remember, there have been “breakouts” before only to get slammed the next day.
Major Support:,$2.727-$2.784, $2.648, $2.39, $2.35, $2.112, Minor Support : $3.39-$3.31, $3.167, $3.00-$2.95, $2.914, $1.856,$1.89-$1.856 Major Resistance: $3.487, $3.527–$3.563, $3.631-$3.681
