Another Big Gap– This Time Down

Daily Continuous

First down , then up, now this week down– lots of gapping going on. The wonderful world of trading temps and changing forecasts. That said, there is no gap in the charts as the low last Friday $6.219 and the high last night was $6.23 but there is a substantial gap from where the last trade was on Friday (guess they were expecting cold forecasts). Oh well, still in the range and just waiting for folks to play during the Holiday week. Stick to the ranges discussed for the last month or so and be sure to read the Weekly

Major Support: $6.39, $5.61-$5.44, $4.716, $4.705-$4.68
Minor Support: $6.18, $5.47, $5.337
Major Resistance$6.687, $7.038 $7.19-$7.221, $7.42, $7.532, $7.60-7.75, 8.021

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