Wrote about which fundamental factor would influence trade yesterday, little did I know both bias’s would have an impact with the morning trade following the near term cold and then as the morning moved along the bears took over and prices declined back below $6.00 before the close. What’s next is not my in my knowledge capacity –prices have not hit the extremes (though the high side was within $.06) of the range but I remain patient.
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,
