Will go into the aspects and potential interpretation of the inverted head and shoulder formation that seems to be developing in the Daily chart later this week. For now- the inability of prices to break below the $8.90-$9.00 area for a couple of times suggests that a mini-range may be in play. My expectations have been that a decline would challenge the $8.50 area but sellers have run out well before that area has gotten tested.
Major Support:$8.47-$8.40, $7.55, $7.14, $7.078, $6.88, $6.754,$6.38, $6.02, $5.623, Minor Support:$9.057, $7.35, $7.41, $6.42, $5.548, $5.40-$5.45 Major Resistance: $9369-$9.419-$9.598, $9.664
