Prices Seem to Test Key Support

Daily Continuous

Sunday night prices were weaker, extending the trade bias late last week. This decline should establish a higher low from last month and then should continue to build a base from which to move towards the spring/early summer rally.

Major Support: $2.00, $1.795-$1.766
Minor Support: $2.41- $2.34
Major Resistance$2.836, $3.00, $3.536, 3.595

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