Major Support: $2.12, $2.089, $2.029 Major Resistance: $2.34, $2.437, $2.48-$2.52, $2.716-$2.755, $2.884-$2.908, $2.984 Minor Resistance: $2.185, $2.21
I am confused with the price action yesterday— from everything I heard from you fundamental folks on weather, the next two weeks are bearish. Granted, prices did not rocket up, but the support given causes me concern. Techs say that we should retest the Aug lows at $2.029, but price actions seems to lead to exhaustion of sellers. This could be a delicate moment for the market. Play the range.
