Huge reversal during the mid-morning trade as the commodity funds got the call to liquidate the profits earned in the last month. The extension downward originally held the trend line off of the March May lows. Broken previously the market rallied and closed above the trend line. Watch for that confirmation today — does the break down last night hold during the day trade. This does not conclude the bull market bias but it is starting to effect the technical indicators.
Major Support:$$8.73, 8.283-$8.24, $8.12 Minor Support: $8.065, $7.69,$7.36, Major Resistance: $9.447, $9.60
