What timing the market continues the declines and I found internet service for a while. A big target on conventional support presented by the highs of calendar March and April ($2.009 –$2.092) and then the “expiration” gap left after May gas went off the board ($1.848 –$1.913, ). My thoughts (as suggested the other day) were that those targets will remain untested until later in Q3 (sometime around the annual Labor Day lows) but not right now. It may prove noteworthy that September traded a lower low while it was losing the little bit of premium that had been awarded over August. I still believe (though feeling lonely) that still expect a July rally from a post – Independence Day low.
Major Support:, $1.52-$1.511, $1.481, $1.312 Minor Support : $2.00, $1.967- $1.94 Major Resistance: $2.44-$$2.502, $2.618, $3.00, $3.16
