Very Calm Opening to 2022

Daily Continuous

After discussing all the history around the “gap” events at the first of the year — the market decided to make a fool of me again by having one of the calmest openings to a new year in quite awhile. Now the price action remains in the “old” range trade and is chasing the high end of the range. Continue to work for the $.25 margins provided well within the range.

Major Support: $3.734, $3.63, $3.584-$3.522
Minor Support:
Major Resistance:
$3.827, $4.02, $4.127, $4.20, $4.278

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