Expected Declines

Daily Continuous

As discussed in the reports yesterday, prices declined to absorb some of the premium afforded to the December contract but not convinced that that the premium will not be reduced some more. Keep your eyes on the Continuous price charts as they will reflect where the market may go rather than the prompt chart provides.

Major Support: $2.98-$3.03, $2.82-$2.78, $2.74, $2.608, $2.47, $2.00, $1.991-$1.96, $1.795-$1.766
Minor Support $3.16, $2.84, $2.38-$2.26, $2.17
Major Resistance $3.42-$3.48, $3.536, 3.59
, $3.65

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