I believe things will hold tight for a few days. Maybe +/- .0002 as people have no reason to buy or sell yet. News would be great! We will get a pop from any further development in the Atlantic, but probably not going to see a big move until early next week unless the guy on the Weather Channel gets hopped up over the "Bug Kahuna" again. Watching them today at noon cracked me up. That "Dr" is a trip. For those that missed it, the Weather Channel had their typical Tropical Update and had the old Doc on. He could care less about anything the Weather Channel reporter had to say and kept talking about the "Big Kahuna" brewing in Africa.
In all seriousness, BUGS will be moving soon, but I feel bad for the people who will ultimately be impacted by the continuous storms that are moving off the African coast. Once the high pressure moves, it is expected to see several storms per week as the water is warming and waves on growing in frequency.
***I personally would like to see a dip tomorrow as I want to grab some below .004.
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