Testing Support

Daily Continuous

The declines tried to test support but could only get down to $3.686 and did not quite get to support before finding buyers. Why did that happen with forecasts remaining bearish through the day (fundamental folks told me)? Guess Mother Nature (or the forecasts that claim they can predict) flipped during the late morning? What ever– you fundamental traders can be delusional at time. Think a nice range is developing here between $3.63-$4.085– play it accordingly.

Major Support: $3.734, $3.584-$3.522
Minor Support:
Major Resistance:
$3.91-$3.931, $4.02, $4.127, $4.25 $4.61, $4.67, $4.735, $4.825, $5.10

To read The Daily Call you must be a subscriber (Current members sign in here. ) Start your subscription today.