Quiet Day on the Farm

Major Support: 1.611
Major Resistance: $1.98, $2.029,$2.08-$2.10

Well that Daily got some comments and some of you sent links trying to explain why the market was finding support — Thank you for your efforts. I believe that he market is finding support, just as it has every year, as the results of winter end and summer begins during the second quarter. Again, I do not follow supply and demand, but believe that supply and demand is interpreted in the price action. It seems that the balance may be coming tighter and that is why prices are finding muted support. Close above the 10 day average (big whoopie) but this support and resistance test game is far from over.