Spot Price: 121.50
Technical Analysis:
The due fail to break the MA line and turned downward.
RSI is pointing down.
Daily uptrend continues to consolidate in ever- shrinking ranges within last Friday"s expansive range and safely below resistance at 122.00. Hourly back at neutral as prices found support well ahead of last cycle low of 121.30. O/B dailies suggest a top but up TL support is at 121 today and unlikely to be displaced.