After last week’s monster run in prices, it was good to see the market consolidate yesterday with a decline. This decline will not likely satisfy the seasonal weakness discussed in the Weekly section — but it is a start. Would expect a brief bounce in prices off of move and would look to see if resistance from last week holds.
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
