
Daily Continuous
June is trading a slight $.13 premium to the expiring May contract (Monday) and I will not be chasing it. Depending on how the prompt trades in the last three days of life, any position in June will be beyond my risk tolerance.
Major Support: $2.97, $2.727, $2.648,
Minor Support :
Major Resistance: $3.16, $3.628, $3.86, $4.168, $4.461, $4.501, $4.551, $4.746-$4.75, $5.03