While prices rallied during Friday the selling at the end of the day suggests that prices will open lower which they did in a big way on Sunday night. Opening a gap through the major support zone that prompted the rally last spring. Now we need to see the response to the gap opening and how low prices are tempted to go. Needless to say, the market is becoming over sold and folks seem real comfortable with the “winter is over” concept — seen this before take a look at Dec ’15.
MajorSupport: $3.944, $3.91, $3.87, $3.734 Minor Support: Major Resistance: $4.02, $4.127, $4.25 $4.61, $4.67, $4.735, $4.825, $5.109-$5.175, $5.339-$5.40, $5.64
