Daily Continuous
NEXT MONTH I WILL BE TURNING 70 YEARS OLD, AND I BELIEVE IT IS TIME FOR ME TO RETIRE MY WRITTEN SUBMISSIONS ON ECOMENERGY EFFECTIVE AUGUST 25TH. I WILL BE PROVIDING ANALYSIS FOR THOSE WHO WOULD LIKE AN ANALYSIS ON A LONGER TERM BASIS (MAJOR MARKET SHIFTS AND KEY TURING POINTS). FOR THOSE OF YOU INTERESTED IN THIS SERVICE, PLEASE CONTACT ME AT INFO@ECOMENERGY.COM. I WILL CONTINUE TO WRITE UP TO AUG 25TH BEFORE I LEAVE THE COUNTRY FOR A VACATION. CHECKING THE SUBSCRIPTION DATES — THIS SHOULD COINCIDE WITH THE VARIOUS RENEWAL DATES. SHOULD THERE BE ANY ISSUES, CONTACT ME AT INFO@ECOMENERGY.COM. THANK YOU FOR YOUR INTEREST AND BUSINESS OVER THE YEARS.
Clearly testing the support zones, patience should be the rule. More often than not, new prompt September trades its high in the early days of its tenure…last year on 07/30, but that tendency is not without exception. Given the close adherence of successive prompts to seasonal tendencies during most of ’26, expect September to follow suit but that expectation comes with a caveat. Would not expect the market to change a bias and therefore the cautious approach.
Major Support: $2.73, $2.676, $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