Daily Continuous
Spoke earlier in the week about the market continuing to go up until it runs out of buyers– suggesting that a daily/weekly reversal would start to suggest a lack of buyers. Recently each decline has found buyers but the trade yesterday and Tuesday clearly did not find folks buying the dips. Today is storage and will likely give further indications of the potential further actions.
Major Support: $3.16-$2.97, $2.727, $2.648,
Minor Support : $4.00, $3.827-$3.801 $3.742
Major Resistance: $4.461, $4.501, $4.551, $4.746-$4.75, $5.031