Storage Brings Upward Push to Initial Resistance

Daily Continuous

Guess the storage report provided some strength for prices as they rallied to intermediate resistance.The rally will need to take out the resistance and extend to the next level. Patience is the key during the next few weeks is you are a buyer or a seller. Was the April decline similar previous April break downs? Or are we headed to further tests of support? Would not put a lot of risk right here.

Major Support: $2.97, $2.727, $2.648,
Minor Support :
Major Resistance: $3.628, $3.86, $4.168, $4.461, $4.501, $4.551, $4.746-$4.75, $5.03

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