What is the saying about lip stick and pigs– not sure but this market is starting to resemble the animal. No serious momentum down — nor was there any follow through at resistance. All I can say is my option positions in April are a day closer to expiration, which being short out of the money calls works to my favor. Lets get some volatility into this pig and challenge the lows of last month in the $1.50’s.
Major Support:, $1.595, $1.52-$1.519, $1.432, $1.312 Minor Support : Major Resistance: $1.863, $1.94-$1.967, $2.00, $3.00, $3.16, $3.48, $3.536, 3.59,
