Beat Goes On

Daily Continuous

I have no clue what piece of information hit the market at 8 am (EDT) but prices started to garner strength peaking about an hour later at $4.187– sending all the momentum analysis to new levels of strength (though still overbought). Mentioned yesterday, that the recent trend of expiration’s has been strength during the process and this month looks to be continuing that trend.

Major Support: $3.722, $3.58, $3.538-$3.511, $3.385, $3.368-$3.316, $3.198,
Minor Support: $3.821, $3.508-$3.485
Major Resistance:
$4.054-$4.094, $4.187, $4.238

To read The Daily Call you must be a subscriber (Current members sign in here. ) Start your subscription today.