Can the Fed Tightening Cycle Continue?

Kavin: We gave up the 96 plateau that was holding until this week. The next couple of support levels that i see are 94 spot forty six and 93 spot 20. I don't have any viewon whether we go up or down or sideways inside the range, but i think we're gon to be stuck in this range for quite a while. Time spreads were implying that cushing going dry fears had resumed. They seem just this afternoon, just in the last couple hours, as we started recording, they're finally starting to come back down. But at least for the moment, it seems like the cushing running dry fears dropped out of the market.