Another low volatility day with tight range and a slight increase in price. Does not look like the market is dedicated to a directional bias and is comfortable in the range that has held for three months. Wish there was some technical indicator that would give us a clue but all I can see is what I have discussed in the long term section of the web site for the last four weeks.
Major Support: $1.611-$1.59, $1.555-$1.519 Minor Support: $1.705-$1.649 Major Resistance: $1.90, $1.974, $2.019- $2.029 Minor Resistance: $1.864-$1.896
