Major Support: $2.52, $2.41-$2.38, $2.212-$2.207, $2.185,$2.12, $2.029 Minor Support: $2.33 Major Resistance: $2.643-$2.648, $2.72, $2.751
Going to be short today . Strong close — once again (nearly three years) folks wait to cover until the end. Guess the initial run was based on weather. Technical indicators are a little overbought on the expiration but that does not mean there can’t be additional buying. Would wait for a small pull back before initiating heavy additional length. Would expect prices to retreat to the expiration of Nov. Having a medical procedure preformed will not publish tomorrow— another storage report that will be a strong injection.
