The high for the day for the September contract reached $41.24. The low extended to $39.58.
The price remains below its 50% retracement of the 2020 at $41.71. The 100 day moving average should start to move back to the upside. That moving average is currently at $34.65. The higher 200 day moving average is up at $44.02 and continues to drift slowly to the downside.
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