Daily Continuous
Did not see a $.20 rally in both the prompt and June contract on expiration. What does it mean? — still in the range that held through the end of April– so I would expect the range to remain intact. Then again I had no expectations of yesterday’s move. Was it short covering or new positions in — will evaluate that with the volume and open interest data today.
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