ANP 12.5 weekly fresh supply is around 126 cents because price spiked up on 21 jan 2010 and took the significant supply below out. You will find there is very little resistance between current price and 126 cents once it begins rolling higher. ANP 12.5 daily shows a break above the pivot high which was formed on 19 October so the preceeding cadle to the one breaking above the pivot high becomes the new demand level and the demand level is adjusted for pullbacks like was seen on Friday
