Spoke last week about the Monday tendencies, which were not confirmed last week, but they are showing some interesting trends that I will go into during the week in the Weekly area. In the mean time- should April go out weak, expect the May to retrace near the expiration. Should April go out with some strength, look for May to extend the gains. Should April expiration be flat (expectation), expect May to continue the recent range activity.
Support: $2.422-$2.414, $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
