Retreating From Resistance Failure

Daily Continuous

First Off– will be periodically posting next week and will have sporadic Daily updates until September 4th, as I am traveling into northern Ontario Canada, which maintains limited internet access. Discuss the trading range that the September contract is likely to maintain in the next week or so in the Weekly Section. Will just add that the well offered contract prompt during the expiration is likely to continue. Whether it sets the low for the contract will remain to be seen.

Major Support:, $1.848, $1.52-$1.511, $1.481, $1.312
Minor Support : $2.00, $1.967- $1.94
Major Resistance:$2.18, $2.25-$2.310, $2.39, $2.44-$$2.502, $2.618, $3.00, $3.16

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