Discussed the history of expiration behavior in 2024 with last month being the only exception to the weakness trend for expiration’s during the year and yesterday provided a return to the tendency. The question will be how does it behave today and what is the effect on the spread to the December contract.
Major Support:, $2.35, $2.112, $2.026-2.00, $1.991, $1.93 ,$1.642, $1.605 Minor Support : $1.856,$1.89-$1.856 Major Resistance: $2.63, $2.727-$2.784, $3.00, $3.16
