Discussed from a historical perspective the few times the Feb trade took out the highs from Jan and made reference to the current month price action looking similar to 2014 and yesterday confirmed the initial interpretation as accurate. The game is not over yet and the rhyming that was discussed, has yet to finish. Yesterday was just the first phase of the correction if it is to be accurately compared to the collapse in 2014. Look at the Weekly chart from the Weekly section and noticed where prices returned to at the completion of the collapse– 2025 has a ways to go yet.
Major Support:,$2.727-$2.784, $2.648, $2.39, $2.35, $2.112, Minor Support : $3.34, $3.167, $3.00-$2.95, $2.914, $1.856,$1.89-$1.856 Major Resistance: $4.00, $4.201, $4.378-$4.394, $4.461,
