Gap Remains but Prices Don’t Probe Lower

Major Support: $2.212-$2.207, $2.185,$2.12, $2.029
Minor Support: $2.158
Major Resistance: $2.437, $2.48-$2.52, $2.716-$2.755, $2.884-$2.908, $2.984
Minor Resistance: $2.328

Huh— prices gapped lower but just went nowhere during the day. On the opening prices tested $2.158 then rebounded and when folks got to work, prices just traded between $2.20-$2.24— not what I would consider follow through type action. This is not a fundamental website so many of you have tried to explain the weather forecasts creating the action — great — the forecasts must of gone quiet cause prices went nowhere. Good luck on predicting weather, I will stick to technical data points— they include weather. Currently, bearish bias.

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