Discussed earlier that this area around $4.381 seemed, from a technical standpoint , like a reasonable area to enter with shorts or puts. If this rally chases the gap from a week ago, then that also could be considered a reasonable area to enter. If the market fails to close or challenge the gap then you have further evidence (similar to last week) that prices are like headed back to support.
Major Support:$3.972, $3.734, $3.63, $3.584-$3.522 Minor Support: MajorResistance: $4.26,$4.381, $4.46-$4.48
