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What? Prices Decline on Expiration

Daily Continuous

Daily Continuous

Major Support: $2.874, $2.836, $2.762, $2.711, $2.704, $2.654, $2.58, $2.568-$2.522, $2.495

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

Major Resistance: $3.005-$3.039, $3.094, $3.131, $3.183

Minor Resistance: $2.911, $2.934

Prices declined on the expiration for a change but were up over the 3 Day expiration. Today is storage so anything is possible but yesterday started an expected cessation of gains and the proper adjustments to the momentum indicators. Would look to be a buyer on any dips especially if we are lucky to get a dip into the $2.80’s for you can set your stops at last week’s low.

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