Prices did not retrace all the gains from Monday but the range trade held and the daily range remained strong. Would continue to expect a summer range to hold prices near term. What will be of interest is the setup for the expiration process — declining only to rally at the end.
Major Support:$7.14, $6.88, $6.754,$6.38, $6.02, $5.623, Minor Support: $6.42, $5.548, $5.40-$5.45 Major Resistance: $7.41, $7.485, $7.55
