Possible test on resistance to continue downtrend.
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Yesterday gap touched the 200 ema daily and went to touch the bottom of the box. I expect to go to the 200. There it can go to our target zone or reverse hard. Use proper risk management
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Positive news from inventories is pushing it up but its respecting the 200 EMA on the 4hr below the 62.50 resistance.
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Price is now at a important level (weekly support 60.22) where the 200 EMA is.
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Broke the 200 EMA. Free fall