Hate to think this is the first post for today to keep things fresh, but the break below 10300 definitely looks more technical than anything. We’re hitting it prior to the “official” opening at 9:30am EST and the volume is showing that. The 10min chart is showing a volume bar with about 6500. Well there’s more ahead and it’s all going to all being on the EIA stats.
Here’s the BBG estimates:
10/4/13: U.S. Crude oil +940,000 bbls, Gasoline +570,000, Distillates -995,000 bbls and refinery util. -0.94% pt.