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
