Slight Declines Continue

Daily Continuous

Spot July Contract

Prices continued the historical trend of declining in early July prompt trade but stopped at trend line support and lows established in March. If that support breaks- then expect trade to decline another dime. The market remains in the range but is starting to attack the premiums of the differed summer contracts, staying with in the range. That is a trading opportunity near term.

To read The Daily Call you must be a subscriber (Current members sign in here. ) Start your subscription today.