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Price Action Continues on Strength

Daily Continuous

Daily Continuous

Major Support: $3.114, $3.045, $2.956, $2.874, $2.836, $2.762, $2.711, $2.704

Minor Support: $ $2.938, $2.783, $2.704, $2.695, $2.61

Major Resistance: $3.183, $3.231, $3.257-$3.297

Minor Resistance: $3.194

Prices continued to probe higher but are now challenging 3 standard deviations over the 20 week SMA.  This has very rarely been a good place to add to length but rather let the market settle down and consolidate the change in trader’s attitudes.

Past Daily Calls