
Daily Continuation
The expiration of the May contract seemed drain any further positive momentum from the expiration and left the market with a tight range trade. This consolidation may take the rest of the week, but I would expect a market test of the support zone from the May expiration.
Major Support: $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