Spot Price: 118.54
Technical Analysis:

Short taken as the rejection away from today"s failed attempt to retake the 200-day MA line at 119.60 gathers pace. Double-day lows at 118.00 are now back in play. cover a bounce from there but the target is the April 19 swing low at 117.60. Stop is above the 118.95 breakdown point. Dailies o/s, but no reversal made.
The market strategy is Sell at 118.55