mb,
I reckon bottom should be at 44c. This has been talked about by both TA's and fundamental investors as a key pivot point. There should be no reason (currently known to the market) why GXY should fall below this point. There may be some extraneous factors that may influence the short term price, but they are simply short term affects. The bounce will be stronger the lower this price gets..... IMO.
Change in trend, page-93
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