Potential reversal --- clear break of the 112.50 in the next 4-8 hours would warrant a short into 110.30 area, further into 109-110 (TP1, TP2). Could see consolidation or further drive down based on the velocity of the move up, but that should be saved for another analysis (TP3).
Shallow stops (around early 113s) as current trend ignores many oversold indicators...
