Three rallies in as many days above the 10-DMA cannot be sustained

Bears emerge on rallies above 10-DMA & near 38.2% Fib of 1.2244-1.1836

Daily and monthly RSIs are falling, imply downside momentum is in place

Longs encouraged as consolidation of rally off Mar 9 low persists

Break of March 11 high, 38.2% Fib 1.2244-1.1836 should ease bear pressure

Should slide extend test of the 200-DMA cannot be ruled out

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