Sunday Night Fake Break or Real

Daily Continuous

Was going to discuss, yet another failure at key resistance, but the open on Sunday night caught me be surprise. As discussed last week, and this week in the Weekly section, was expecting June contract to meander in the range created during the month, with the break above pushed back until the July contract takes over as prompt– It will be interesting to see if the break above holds during the day. Would be cautious here until the day defines itself.

Major Support: $2.883, $2.78, $2.71-$2.70, $2.658, $2.52, $2.422-$2.414
Minor Support:$2.876, $2.694, $2.483, $2.162
Major Resistance: $2.98-$3.05, $3.12