Range, Range, Range

Daily Continuation

As explained last week, the market seems to be testing a narrowing range between support and resistance. Last week provided some indication of bias as discussed in the Weekly area. Here we sit at the low (support) side of the range and prices seem to be gaining on Sunday night. Read the Weekly for expectations for the week.

Major Support: $3.734, $3.63, $3.584-$3.522
Minor Support:
Major Resistance:
$3.91-$3.93, $4.02, $4.127, $4.20

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