Mitigates Some Of The Extreme Over-Sold Conditions

Daily Continuous

Yesterday’s action was a start to a corrective rally to relieve the over-sold conditions– now the market is likely to range trade to further allow the market to create a base from which to rally from or extend the declines. Due to prices declining at the end of the day — expect them to add to weakness today.

Major Support: $3.638
Minor Support:
Major Resistance$4.22-$4.39, $4.75-$4.825, $4.948, $5.056