Market Loves Light Trade Periods

Daily Continuous

Starting to become a trend is prices like moving in either direction after the market closes on or Sunday night into Monday morning. Now yesterday sees the market jumping in the light trade during the early morning and then holding those gains through the general session. Not sure what to make of it all — guess the folks trading in London and Europe are making there expectation known. Yesterday’s gains look like the market is creating a new mini-range between $4.72 and the expansion early yesterday at $4.34. Use those as the guard rails for action today.

Major Support:$4.38, $4.26, $3.972, $3.734, $3.63, $3.584-$3.522
Minor Support:
Major Resistance:$4.664,
$4.735, $4.825 $4.879, $5.088

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