Dude!!!! Not gonna mention levels as I haven't checked the chart or anything. But both short term and long term I say up. 2.95 now, should close green at contract roll (as it has 9 out of the last 11 rolls), ans a break of $3 will be bullish. One of the annual spikes occurs Oct 15, so I'll be selling then and going short. Quite a lucrative trade last year same time. And for Nov contract roll we got a 16% contango decau factor which gave us 40+% when played using DGAZ.....
But sentimeny here says bearish so who the hell knows!