We obviously have different time frames on our technical indicators.....on my daily charts the ADX has rolled over, indicating its time to square long positions...the RSI has broken its support line and turned down and the MACD has turned down also......this is supported on the hourly charts.
Anyway, I guess that's what makes a market....I'm not ruling out another rally, but I do not expect the rally to reach new recent highs this time around....and would expect selling into any rally
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