Storage Release Confirms Declines

Daily Continuous

The slightly bearish storage data confirmed the near-term bias of declining prices. The Weekly close will be important for the near term price action but remember, we are still in a range for prices — just testing the low end of the range.

Major Support: $3.26, $2.97, $2.727, $2.648,
Minor Support :$3.423
Major Resistance: $3.628, $3.86, $4.168, $4.461, $4.501, $4.551, $4.746-$4.75, $5.03