Digesting The Two Day Gains

Daily Continuous

The rally slowed down yesterday as the market digested the gains of late last week. As discussed in the Weekly section, a slow down an a brief test of support (breakout area) is likely warranted now.

Major Support: $2.608, $2.47, $2.00, $1.991-$1.96, $1.795-$1.766
Minor Support $3.04-$3.028, $2.84, $2.38-$2.26, $2.17
Major Resistance $3.42, $3.536, 3.59

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