Not surprising were the gains made in the Dec contract and that spilled over to the January contract which takes over as prompt after the Thanksgiving holiday. Let me take this opportunity to wish all of you and your families a wonderful holiday, regardless of the circumstances. Jan is trading at a $.12 premium and I am not convinced that there will not be a retracement back to close that differential. Not sure it will take the amount of time that the Dec contract needed to close the differential, but it will happen short of a blustery change to the weather forecasts.
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:
