Daily Continuous
Spoke about the market last week and the small extension to the declines in the Weekly section. Will be keeping the Daily short as just got back from a holiday dinner. Key is the challenge developing to close the gap in the early Sunday night trade and discussed the outcome of early move on Sunday night during the trade on Monday. Still sitting on the sidelines for a confirming technical move to define bias near term. This slow decline in prices still has not countered the bullish bias long term and seems to be a move to test support.
Major Support: $3.336, $3.16-$3.11-$2.97, $2.727, $2.648,
Minor Support :
Major Resistance: $3.628, $3.86, $4.168, $4.461, $4.501, $4.551, $4.746-$4.75, $5.03