Heating Oil Futures Find Resistance

For the third day in a row, Heating Oil futures are finding resistance above 3.05. After reaching 3.0508 on Friday and 3.053 on Monday, the contract has stalled at 3.0518 in Tuesday's trading. This area coincides with the October 22 high (3.0468), which was the high for Heating Oil futures before its collapse to 2.8285 on November 7.