Discussed yesterday that the market lost one of its legs with the declines in the crude market. That analysis was laid to rest yesterday with Gas coming back during a rather tepid run in Crude, It now rests at the initial near term resistance and I will be interested if it continues to run (not sure of the fundamental reason for a rally) or just gives up the gains and returns to test the support side of the range. Today is storage report and perhaps the market will find some bullish inference from the report .
Major Support: $2.87-$2.84, $2.640-$2.57 Minor Support/Resistance : $3.16-$3.148, $3.136, $3.02-$2.97 Major Resistance: $3.26, $3.42, $4.063, $4.086, $4.593, $5.333, $5.496
