Whatever was driving some of the gains last week, I guess there was a reconsideration this week. Below average (daily of the last 11 days) volume drove prices down and are now setting up a test of support. It is interesting that as the prompt declines this month, the Dec contract remains well above recent lows.
Major Support: $1.484-$1.44, $1.336 Minor Support: $1.527, $1.66, $1.722 Major Resistance: $ $1.864-$1.896
