Short trade close to its stop level but price stalling ahead of 138.00

Without a close above 138.00 the downtrend from Oct risks resuming

trend resumption would target 132.55/46

However, Mon's close above 13-DMA, first since Oct, hints at gains

A minimum correction off the 151.94-133.62 drop was removed at 137.94

Overall, our short is increasingly at risk

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