Thanks for all the kind wishes over the last couple of days– gas, really, did nothing to catch my attention from bed. Still in the range from last week — but the market does seem to be “basing” here (see the Weekly Update) for some additional tests of resistance. It was informative that the declines on Monday were reversed on Tuesday and the selling ran out of follow through. Seems to be developing a new range near term– for the longer range thoughts bring up today’s Weekly.
Major Support: $2.533, $2.422, $2.238 Minor Support: Major Resistance$3.536, 3.595, $3.63, $3.789, $4.128, $4.22-$4.39, $4.75-$4.825, $4.948
