Market structure looks pretty terrible. The failed breakout is not the greatest sign but I'll give it the benefit of the doubt given that US equities are currently correcting. H&S formed on the 4hr and we just rejected the second shoulder (as expected). I see the next support in the 42K range. If we catch sooner than that, I'll gage the strength of the order books but as of right now it looks like a ghost town.
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