Shocking After a Weak Close

Daily Continuous

So prices ended the week on the lows only to find prices up $.15 on the Sunday open. Discussed here recently, how the market ends the week is not an indicator of how it opens on Sunday. Is what it is — prices continue to churn in a fairly narrow range ($2.80-$2.55) regardless of the prompt month. Trade this consolidation range near term until the market decides to break out or down.

Support: $2.373$2.356,$2.255-$2.176
Minor Support: $2.483, $2.162
Major Resistance: $2.74-$2.789, $2.89, $2.98-$3.05,
Minor Resistance: $2.806

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