Prices Break Below Near Term Support

Daily Continuous

The declines (likely linked to the declines in crude and the US Dollar) may extend further but not sure they will challenge the bias base at $2.99 from earlier in the year. Starting to be oversold so tread lightly on the down side exposure.

Major Support: $3.16-$2.97, $2.727, $2.648,
Minor Support : $3.448
Major Resistance: $3.86, $4.168, $4.461, $4.501, $4.551, $4.746-$4.75, $5.03