
Daily Continuous
As the chart above indicates, the market has stayed in a tight range for the last eight trading sessions and that include the expiration of the June contract. if you expand support the range goes out to last March. Not sure what will breakout or down from this range — but for now it seems like a good trading environment.
Major Support: $2.640-$2.57
Minor Support/Resistance : $2.87-$2.84, $3.16-$3.148, $3.136, $3.02-$2.97
Major Resistance: $3.35, $3.486-$3.494, $3.567, $ 3.736
