Traders seem be doing a fine job milking every cent from the down move. An artificial run to 80 post downgrade. Then down again for a test of the previous low (68.5). Now making it look like a pass by doing some sideway price action. Next stop likely a test of 65-ish support, and again making it look like a pass.
They have to suck in as many people as possible at the first 2-3 stops before the next major slide. Would be a long journey down imo.
