On the daily chart, today's ugly candle has formed a new lower low of 74.56 following Fridays lower low of 76.13.
It has broken the 11day ema and now the 31day EMA.
This needs to hold $73.68 which is the low of last week's weekly candle otherwise this could get uglier!
Good luck.
$100 party with ugly Candles, page-48
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