Prices had a good run going into the storage report and then lost all momentum coming out. One reader had an interesting approach to trade mentioning that if you had been part of the rally two weeks ago and still had any positions on — it is more than likely you were leaving positions before the chopping volume associated with the holiday period (being so spread out next week). Interesting thought — no clue how to verify and quite honestly why did I even bring it up (irrelevant speculation). I get bored some times.
Major Support: $3.82, $3.75 $3.654, Minor Support/Resistance : $3.75,$3.65 Major Resistance: $4.00, $4.095,$4.16
