Momentum Working Against Gains

Daily Continuous

This run in prices is starting to work against further gains as prices are setting lower highs and lower lows so far this month. We all understand that bull runs need to feed off of themselves to extent higher and so far in Feb it is not happening. Technical data points don’t seem to be directing this move and fundamental data points will start to become an issue as the current weather systems correct to more seasonal patterns.

Major Support:,$2.727-$2.784, $2.648, $2.39, $2.35, $2.112,
Minor Support : $3.167, $3.00-$2.95, $2.914, $1.856,$1.89-$1.856
Major Resistance: $3.34, $3.39, $3.829, $3.92, $4.00
, $4.201, $4.378-$4.394, $4.461,

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