waiting for some news like that. If I would have known that early in the day, I probably would have held 1 of my Dec north line catches at the open rather than making the second deposit @ 62.20 but it may not be in a hurry to challenge the 63.00-63.45 top end until it becomes front month. Dec may even need to realign the spread with Oct if Oct gets trapped in the 60.00-61.00 range the final 3 days. Dec may even want to be deficit to Oct by a $1.

Anyway the chart formation for Dec is in a positive rally formation and just needs cash to keep coming up to finish the $10 rally that it has started. More stop running ammunition with so much cyber chatter trying to enforce the bear camp with a Hedgers Dream battle cry. The first $5 trading range is in place between the 55.77 low and the 60.75 high on Sept 5th. It is well into the second $5 extension range with the 64.50-65.50 target waiting to go on the menu. Needs to stay above 59.75 to keep the up momentum working. I was waiting for 60.10-60.30 yesterday and today to test the waters with a long. That didn't happen but I was still able to get some fishing in and grab a quick deposit.