Doubt that the market will test either end of the “new” range that has developed with last week’s rally. July contract is coming in with a $.17 premium to June which places it at the top end of the range. You know I have left the June contract and now trading July or August near term due to the light volume (exaggerated by the expiration June) due to the holiday weekend. Speaking of which, there will not be a Daily until Tuesday May 30th.
Major Support: $2.00, $1.991-$1.96, $1.795-$1.766 Minor Support: $2.36 Major Resistance $2.543-$2.604, $2.836, $3.00, $3.536, 3.595
