The market rebounded off of the declines from Monday — some of the gains may have been associated with the options expiring — and we will see today. A rhyme with 2014 — will lead to further weakness — testing support. In 2008, (did not discuss in the Weekly) prices held into early July. In 2008, it is the only year (last 25 years) that prices held the February highs over Jan highs. Market seems to defining it’s near term bias.
Major Support:,$2.727-$2.784, $2.648, $2.39, $2.35, $2.112, Minor Support : $4.16-$4.00, $3.34, $3.167, $3.00-$2.95, $2.914, $1.856,$1.89-$1.856 Major Resistance: $4.201, $4.378-$4.394, $4.461,
