We are not to say "no" to more bulls in our traps
The bullish test of a local high @32380 has ended in failure due to the same weakness higher than 30300. Some smart bulls have managed to escape by closing their losing positions. However, the overwhelming majority of the market keep losing more money. We trust that 29200 is now the trigger to launch the price down the rail since that is the break of the 29240-29300 support.