Looks like our hope for a move down played out, but an end of day rally put a halt on that and have yet to indicate a strong signal for a move up. Currently on a hourly basis we are on a down trend and our daily chart is still in oversold conditions but on a down trend. We need to continue the down trend on the daily with a measured move by the 60min as its strength momentum that takes the daily out of overbought and down towards oversold.
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