Weed closed just under the 200 MA on the 1 hour chart. This MA is sitting at 30.95. A strong open and 30.95 will be our new support. We should then make a run at 31.75. If we reject then I expect support to kick in around 30.20. These do not mean we are back in a downtrend but with no news and weak volume
at close I dont expect a strong open. Ill be looking to buy back into the big 3 at one of their big supports for the next run.