Trade High Side of Recent Range

Daily Continuous

Storage report is upon us — got no clue about its ramifications — the market is trading at the high end of the recent range and perhaps a bullish surprise will send prices higher to test $3.00 but would not expect a major short covering rally off of it.

Major Support: $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

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