Spot Price: 120.15
Technical Analysis:
We booked a small profit on our latest short after price failed to break the new trend lows at 120.40 from o/n, and a new short has since been triggered by fresh trend lows. Today"s major break of the 121.65 Cloud btm points to more downside ahead. Our Immediate target is the confluence of the 200-day MA and 50% Fibo support at 119.65 or so. Tight stop