As expected, the gap left from last Tuesday was closed yesterday and now the market is starting to bounce up to the resistance area that has repelled rallies during the summer. This will be key for the remainder of the October prompt– if the resistance breaks then tests of $3.00 are imminent — if it remains firm then a great selling zone.
Major Support: $2.47, $2.00, $1.991-$1.96, $1.795-$1.766 Minor Support $2.38-$2.26, $2.17 Major Resistance$2.83, $3.00, $3.536, 3.59
