Spot Price: 121.10
Technical Analysis:
Short taken into the NY close as intraday rebound attempts proved futile and a fresh hourly sell was coming on line as daily charts feature prices falling through the Ichimoku Cloud. New trend low at 120.80 o/n - a low which was a retest of the Jun 7 and 8 swing lows - stopped shy of the cloud and falling price channel bottoms at 120.65. Break below a major sell.