Discussed yesterday that the expiration may have unexpected support due to the amount of selling that occurred in the last couple of week. That support brought the weak Sep contract up to the Oct contract level that takes over as prompt tomorrow– just in time for a storage release. A brief pause to initiating new positions may be warranted.
Major Support: $2.727, $2.648 Minor Support : Major Resistance:$2.843, $2.97-$2.99-$3.00, $3.061,$3.192, $3.25-$3.31,$3.39, $3.62, $4.168, $4.461,
