Was curious if the declines would extend below the $4.72 area and was not surprised the the selling ran out of momentum. Just a solid day of price consolidation after loosing nearly a dollar (16.5 %) decline. Still expecting declines but have to respect the last 6 month trend of expiration rallies. Strategic times in this area for setting up final winter positions.
Major Support: $4.61, $4.537,$4.375, $4.211, $4.156, $3.92, $3.821, $3.722, Minor Support: $4.728-$4.70, $4.66 Major Resistance: $5.24, $5.486, $5.65, $5.93
