Prices Soften as Expected

Daily Continuous

Prices declined but recovered from some of the declines by day’s end. This leaves the contract starting to test some of the recent prompt contracts have established. While not conclusive, the rebound has brought some support that may allow for further gains.

Major Support: $2.843, $2.727, $2.648
Minor Support :
Major Resistance:$2.97-$2.99-$3.00, $3.061, $3.16, $3.192, $3.25-$3.31,$3.39, $3.62, $4.168, $4.461,