Not a fundamental based trader like most of you — but I have to ask — With all the heat in the next 30 days, would that not be supportive to prices yet they are down challenging June’s lows. Something is not right here. I understand LNG is off (has been for weeks), production is gaining (you thing they are forward selling strips- will have to check), but the weather guys are saying demand is big this July and August. Oh well, what do I care play the range and we seem to be headed to the low end.
Major Support: $1.484-$1.44, $1.336 Minor Support: $1.527 Major Resistance: $ $1.864-$1.896 Minor Resistance:
