Prices fell back near the lows from earlier in the week on the storage release. While the market continues to maintain a slightly bullish bias this year — there is clearly a discussion amongst the traders as to the accuracy of that bias. This market could be bought with options or contracts on pull-backs but keep the stops tight until the discussion becomes a statement.
Major Support: $3.60-$3.584, $3.16-$2.97, $2.727, $2.648, Minor Support : Major Resistance: $3.86, $4.168, $4.461, $4.501, $4.551, $4.746-$4.75, $5.03
