Not much to see and little to do as prices remained dormant for the upcoming fall. Not enough volatility to make selling premium a strong option and no directional bias sounds like a recipe to go fishing. This may turn out to be the way the September contract plays out with no strong bias and just in a range. We shall see.
Major Support: $2.00, $1.991-$1.96, $1.795-$1.766 Minor Support:$2.52-$2.47, $2.38-$2.26, $2.17 Major Resistance $2.816-$2.836, $3.00, $3.536, 3.59
