Prices declined and accelerated to close some of the gap between Feb and Mar contracts. Prompt has now lost over $.60 this week and I would not expect the declines to cease during expiration. My interest is on March which will likely test the $3.00.
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: $3.829, $3.92, $4.00, $4.201, $4.378-$4.394, $4.461, $4.75
