After a large decline on Monday, testing support, prices have now recorded a greater than $.70 gain in the last two days. Though volatility has been part of the trade in recent months, don’t expect any changes in the coming months until the winter has been decided. Continue to work the ranges even after the out cry market plays as prices gained $.16 after the 2:30 pm New York close.
Major Support: $5.275, $5.17, $4.88-$4.825, $4.61, $4.537,$4.375, $4.211, $4.156, $3.92 Minor Support: $4.728-$4.70, $4.66 Major Resistance:$5.64, $5.964, $5.996,$6.177, $6.24-$6.493