| Weekly Trend: | Down | |
| Daily Trend: | Down | |
| Daily Momentum: | ___ | Down |
There remains a few setups still in the making. A few more days should see them enter our pages. Until then Type-A bullish divergence remains intact even though price dribbled lower. The US action last night was certainly not promising so we stay with the view that we expect a near term bounce followed by another leg lower. The safe trade remains shorting on that bounce.
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