There was significant technical damage last week and go into the results in the Weekly section. The damage does not end the bull market bias dating back to 2020 but it will make rallies beyond the now well defined resistance very difficult. We are headed into expiration and it is well documented that the market has a tendency to be well-bid.
Major Support: $6.737-$6.727, $6.519, $6.504, $6.38, $6.02, $5.623, Minor Support $6.42, $5.548, $5.40-$5.45 Major Resistance:$7.18, $7.532, $7.71-7.75, 8.021, $9.05-$9.12,$9.35, $9.40, 9.664–$9.67, $9.9
