Author: Willis Bennett
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A Salute to Our Veterans
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Dec Continues in the Range
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Dec Testing the Low End of Range
Daily Continuous
Declines wanted to test the low side of the range that the December contract seems to be wanting develop and confirm.
Major Support:,$2.648, $2.39, $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: $2.727-$2.784, $3.00, $3.16
Gap Closed
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Lows for Dec Contract Not Registered
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Weakness To Continue
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Quiet Before the Gremlins
Daily Continuous
Prices did little to indicate the bias for the upcoming storage release. Good time to sell some out of the money premium and see what happens.
Major Support:,$2.648, $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: $2.727-$2.784, $3.00, $3.16
Winter Contracts Now Rule
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2024 Expiration Behavior Returns
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