Price action continued in the narrow range that has held since the expiration of the Dec contract. This range has been on each side of the gap on the upside discussed last week ( two red lines above). Normal trade has gaps being important associated with breakouts or breakdowns– this one seems to be developing a consolidation range.
Support: $2.82, $2.61- $2.621, $2.425,$2.373 Minor Support:$2.887, $2.785 Major Resistance: $2.98-$3.05, $3.091, $3.151, $3.24, Minor Resistance:
