Price Action
All quiet on the trading front. The price range was $222 to $227 on a light volume day. The market is in another holding pattern awaiting a sudden move higher or lower. $230 looks to be a formidable level to punch through. Expect the market to drift lower and retest $218.
Trade Idea
Accumulate short positions in XBUK15 in the high $220s looking with a downside target price of $218.
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