My charts are still not rolling properly to the new contract so this weekly chart is still showing the Aug pricing...but the numbers are still good for the Oct contract...if you want to apply these numbers to the deferred contracts then just add or subtract the difference between the Oct and the deferred...do it on a closing basis here and don't use the spreads to figure
Major Bearish reversal to watch is the 8500 line...a closing below that on a weekly basis may have the market test the next lower reversal....
I'm kinda thinking it may hold the 8500 line...but they say don't anticipate...let the market show you.
Sp!ke