Price gaped up about 0.5% and sold off nearly to the 50% retracement as measured from the PDC to the day's Open. After finding support price then extended to a 50% extension of this measurement
This extension also corresponded with a 50% extension of the previous day's range (measured off the PDL to PDH)
Practically no bearish TICK bias until later in the afternoon (ignore the first trendline indicating a divergence, as it is not)
Sailing away we are
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