Not much interpretation needed, prices ended the week near the highs and then in the late market moved higher. On Monday, the Globex platform traded with strength at the start only to give it up toward the end of the shortened day. There is a need for some consolidation in prices (I remember suggesting that at $4.10) and perhaps that will occur in the next week or two (see Weekly section for further analysis) sending prices softer for a while. This will be interesting to witness in the coming week.
Major Support: $4.378, $4.211, $4.156, $3.92, $3.821, $3.722, $3.58, $3.538-$3.511, $3.385, $3.368-$3.316, Minor Resistance:, Major Resistance:$4.66, $4.706-$4.728, $4.779, $4.904
