Spot Price: 122.85
Technical Analysis:
Long taken after prices pierced the channel top and 1% MA env top near 123.05, fell back and found support again at recent hourly lows of 122.90 and moved up again. Daily studies are only mildly o/b thus far. A nicely confirmed Fibo projection is at 123.60, with the projected Wave-4 low equalling the o/n low at 122.55. Hourlies down to midrange, but stop is close by.