Large Gap Holds During Trade Day

Daily Continuous

During the trade day the gap from the Sunday opening held well– it wasn’t until the after market (on light trade) that the market corrected but could not close the gap. I know the timing of that decline and the lack of volume during the decline is very important to at least one of you– the attempt was valiant but still unsuccessful. Perhaps the gap closes today but the damage that was done a month ago (when prices declined) was inflicted to the bears yesterday. Would wait to see where the range gets established before entering significant positions. I have fallen to the flu bug over the weekend so not sure that there will be a Daily tomorrow.

Major Support: $5.61-$5.44, $4.716, $4.705-$4.68
Minor Support: $5.47
Major Resistance: $6.456, $6.74,$7.00, $7.18, $7.532, $7.71-7.75, 8.021,

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