Spot Price: 122.37
Technical Analysis:
Downtrend got ahead of itself Monday, running into the 61.8% of 120.80/124.15 and the 1% MA env base near 122.10. Daily studies remain bearish with only the CCI indicating an o/s state. Prices fell below their hourly uptrend from Monday"s low, putting 122.10 back in play, but it could not be broken and a bounce has followed. The market strategy is Sell at 122.70.