Technically the rally towards 85c has failed and (temporary) 80c...

Technically the rally towards 85c has failed and (temporary) 80c support is now immediate resistance. Volume confirms price and the massive volume spike has exhausted buyers giving shorters an opportunity. POG has faltered and hence other short trends have reversed, adding imputes to the reversal. Now 75c is immediate support, and 70c "key" (crucial) support. A break of 75c support would breech the uptrend line, and failure at 70c would technically look ugly.
Failure to rebound now implies fundamental weakness to the SLR fundamentals ..... lets hope the next quarterly is a cracker .... how else will the remuneration committee be able to justify their bonus extravaganza?
Like the other exponents of the 'fake news industry' they will proclaim that they have made "SLR Great Again" .... MSGA .... if only size matters then then John Howard, Bob Hawke and Tom Cruise would never had made it .... its actually performance that counts most .... show us the results SLR !