Expiration Day

Daily Continuation

By now you should know my attitudes about trading on expiration day — I don’t. One thing I will be looking for is how the Jun contract trades relative to expiration. I am expecting weakness in the Jun contract early in it’s life, and to come back into the May expiration range.

Major Support: $2.97, $2.727, $2.648,
Minor Support :
Major Resistance: $3.16, $3.628, $3.86, $4.168, $4.461, $4.501, $4.551, $4.746-$4.75, $5.03

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