Weakness continued as those who had not covered were forced especially after the storage release. The prediction in the Weekly section this week was spot on regarding weak prices around the 4th of July holiday– the question now, which will keep me on the sidelines until next week, do the declines cease or extend.
Major Support: $3.054-$3.007, $2.97, $2.727, $2.648, Minor Support :$3.62, $3.46, $3.30-$3.26 Major Resistance:$4.168, $4.461, $4.501
