October stayed volatile through the end of its life, nice $.15 range. Now we trade Nov and it seems just a tad above the gas prices of late. Granted a futures contract is the “expectation” of prices but currently, prices seem to be running into high side resistance. The market behavior is suggesting that there may be some softness coming but I would not expect significant declines.
Major Support: $2.752-$2.729, $2.544, $2.518-$2.496 Minor Support: $2.603 Major Resistance: $2.905, $2.928
