Don’t think I am going out on a limb here but I think the August contract is going to follow the previous contracts by being well-offered into expiration. What is getting more interesting is the Winter ’25 summer ’25 spreads during this decline.
Major Support:, $1.848, $1.52-$1.511, $1.481, $1.312 Minor Support : $2.00, $1.967- $1.94 Major Resistance: $2.39, $2.44-$$2.502, $2.618, $3.00, $3.16
