Spot Price: 118.95
Technical Analysis:
Short exited at the entry price this morning. Prices sharply higher into the close with the 10-day MA line, now at 119.10 already probed. The gap lower open in Asia o/n may have been an exhaustion gap and a precursor to a daily uptrend. Dailies are o/s but need a close above the 10-day MA today to get a reversal going.