Declines At Last Week’s Lows

Daily Continuous

Declines continued, taking prices down near the lows of last week. The market was starting to get a feel for higher lows (weekly) but this week may eliminate that. As discussed yesterday, the winter softened a little as, but would more, especially if prices extend below last week. As stated here many times, this is still a range market (prompt) but the bullishness resides in the winter and calendar 2021.

Major Support: $1.611, $1.555$1.519, $1.481
Major Resistance:$1.883, $1.993, $2.029, $2.08-$2.10, $2.34, $2.437,
Minor Resistance:
$1.767-$1.78, $1.833