Range Action to Start New Trade Year

Daily Continuous

Not a whole lot of technical data points to discuss in this range bound market. Discussed the historical aspect of January trade in the Weekly Section and highly recommend you review it. The market is likely to test the high end of the recent range and that will likely bring out sellers.

Major Support:, $2.00, $1.991-$1.96, $1.795-$1.766
Minor Support $2.47, $2.38-$2.26, $2.17
Major Resistance$2.62, $2.786-$2.865, $3.00, $3.16, $3.48, $3.536, 3.59
, $3.65