We might be finding some excitement as the prompt May contract is challenging the calendar low for the month. A breakdown may take prices to the support from the previous months expiration lows. It may also close a small gap in the Daily trade. Finally, something to discuss– no bias adjustment in this move.
Major Support:, $1.595, $1.52-$1.511, $1.481, $1.312 Minor Support : Major Resistance: $1.94-$1.967, $2.00, $3.00, $3.16, $3.48, $3.536, 3.59,