13th Consecutive Rally into Monthly Expiration

Daily Continuation

This market may continue to rally through the next three days (expiration process) but it should be safe to say that the market continues the trend of rallying into the expiration for the 13th consecutive month. I would not expect the market to decline below the Friday close from last week at low from Friday last week below $5.00. How high can it go — unknown (just look at the Feb expiration)– as the market is just now starting veer into over bought conditions.

Major Support:$4.40-$4.26, $4.187, $3.972, $3.734, $3.63, $3.584-$3.522
Minor Support: $5.08, $5.04, $4.88, $4.60-$4.557
Major Resistance:
$5.33, $5.572, $6.24

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