Not since February has the market broke the resistance provided by the highs at $3.027. Once, in early August, prices tested the area but failed. Now, on the expectations of winter coming, it seems prices are wanting to test this zone again. Time will tell but the good element of this trade is low risk — selling the zone with tight stops just beyond.
Major Support: $2.47, $2.00, $1.991-$1.96, $1.795-$1.766 Minor Support $2.38-$2.26, $2.17 Major Resistance $2.99-$3.00, $3.536, 3.59
