Price Action
All was quiet until the price took a dive below $240. A quick retrace was formed, but the price slide continues. Expect another possible selloff during the early morning Chinese trading session.
Trade Ideas
Use XBU24H to establish short positions above $245. Look for a retest of $235 overnight.
In the News
Sheep marketplace arrest (Qntra)
Australian government hints at possible tax on bank deposits (ABC)