Ok going on the rule of thumb that old resistance becomes...

Ok going on the rule of thumb that old resistance becomes support once broken with sig volume would suggest that 15-15.5c is now the short term floor and the that the next resistance area is at 16.5c which corresponds to the upper area of the range trading that occurred mid to late NOV last year

So I would expect to spend at least some time in this area ...but I guess it all comes down to how big the appetite is of those rather "fat institutional investors" who are currently dining at the CTP Table... It seems they may have just swallowed the entree with out doing must chewing.

Bonapetite