When markets hit their respective extreme zones on the Daily RSI– it is wise to expect some sort of a bounce. What occurred yesterday was just that sort of event. Longer term — the market may rebound a slight further but make no mistake there will be additional tests of support.
Major Support:, $2.35, $2.112, $2.026-2.00, $1.991, $1.93 ,$1.642, $1.605 Minor Support : $1.856,$1.89-$1.856 Major Resistance: $2.63, $3.00, $3.16
