Went into expectations of the September contract in the early Aug period in the Weekly Section. Prices opened softer on Sunday night suggesting additional weakness during the trade day. Clearly at major support so I would not expect a major break down, rather an other test of support.
Major Support: $3.054-$3.007, $2.97, $2.727, $2.648, Minor Support : Major Resistance:$3.25-$3.31,$3.39, $3.62, $4.168, $4.461, $4.501
