Daily Continuation
The storage release supported the market for the first time in weeks and took prices back into the recent range as the September contract becomes prompt. Waiting to see how the market responds at the end of the week thereby setting up some technical analysis.
Major Support: $2.73, $2.676, $2.640-$2.57
Minor Support/Resistance : $2.87-$2.84, $3.16-$3.148, $3.136, $3.02-$2.97
Major Resistance: $3.35, $3.486-$3.494, $3.567, $ 3.736