Options and the December contract are entering the expiration period so my focus will be on the January contract. The premium associated with the Jan contract has come in from $.15 to $.12 over the last couple of weeks. Not sure why the premium should exist with the fundamentals being less than supportive compared to the existing market, perhaps this will be corrected as the market defines expiration.
Major Support: $2.61- $2.621, $2.425,$2.373 Minor Support: Major Resistance:$2.82-$2.853, $2.887, $2.98-$3.05, $3.091, $3.151, $3.24, Minor Resistance:
