Prices extended lower and set a lower low — discussed that this is the pattern that should gradually take prices lower to test support. Will go into some of the targets for the decline in the Weekly area unless they become important prior to the weekend. Prior to that, a new range seems to be developing between $3.82 and $4.00 – play it.
Major Support: $3.87, $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:$4.187, $4.205, $4.238