Surprising to myself, prices firmed instead of extending the declines. Don’t believe it was a change of heart nor directional changes, but just a weak test of support last week and a slight rebound. Play the range identified in the Weekly section.
Major Support: $2.00, $1.991-$1.96, $1.795-$1.766 Minor Support:$2.52-$2.47, $2.38-$2.26, $2.17 Major Resistance $2.816-$2.836, $3.00, $3.536, 3.59