In the title there is the assumption that the Dec contract has not developed its range. The low end of the range has yet to be developed and then tested. Last week did not achieve that objective. Perhaps, this week will give us further insights. Check the Weekly for the broader expectations.
Major Support: $3.25, $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 $3.48, $3.536, 3.59, $3.65
