It's a monthly line...it could still close above it, there is a monthly reversal that may get touched at 3.93. This contract will be rolling to May in a day or so...maybe tomorrow with the volume it is showing today. Just remember that the pendulum always swings back the other way. It may not be a big enough swing to elect a bullish reversal...but maybe it will, you can at least play the gap between the reversals.