Spot Price: 121.65
Technical Analysis:
rebound cleared resistance from the 61.8% of 121.90 to 121.20 pullback at 121.60, but daily charts remain o/b and prices were stymied again ahead of 122.00, triggering an o/b hrly slide. A daily uptrend correction or consolidation looms, but a daily close below 121.25 is needed to begin confirmation of the uptrend"s reversal. 10-day 1st sppt.(