Discuss the issue of last week’s close at the exact level of the previous week in the Weekly Sections but needless to say it is a very rare event. Where do we go from here is more critical and all I can see is some brief further weakness into the historical seasonal early June (as prompt) strength post expiration. I am more interested into the premium give the July prompt and how that trades during the week.
Major Support: $3.054-$3.007, $2.97, $2.727, $2.648, Minor Support : Major Resistance: $3.26-$3.305, $3.46, $3.628, $3.86, $4.168, $4.461, $4.501,