July May Be Setting Up a Range

Daily Continuous

The June prompt started strong then developed a range at the end of the month. The July contract may be developing a range at the front of the month followed by volatility (either up or down) later in the month. Ran into a little data error in developing the history of rallies in June and will endeavor to provide it tomorrow.

Major Support:, $1.595, $1.52-$1.511, $1.481, $1.312
Minor Support : $2.168, $2.12, $2.00, $1.967- $1.94
Major Resistance:
$2.67, $2.844

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