A reversal yesterday after prices rallied above $8.00 to set a new high in this series of higher highs that the market is performing. Now — what — for the reversal to be more significant, the declines will need to continue and not find as many buyers at support (say $7.00). Wait and watch this week– play the day to day game and would not leave positions out there for several days.
Major Support:, $7.00-$6.855, $6.411-$6.392, $6.247-$6.278, $5.27-$5.199, $5.001, $4.40-$4.26, $4.187 Minor Support: $6.00, $5.063, $5.04, $4.88, $4.60-$4.557 Major Resistance: $7.536, $8.065
