Yesterday, I highlighted that prices may build on the declines from Monday to test support levels. The market had other ideas. As I stated yesterday, I do think we will get a test of support levels lower during the expiration process but for now, we look range bound heading into the expiration.
Major Support: $3.198, $3.12, $3.00 $2.914-$2.886, $2.78, $2.71-$2.70 Minor Support: $2.694 Major Resistance: $3.321-$3.33, $3.369-$3.396, $3.482