I've had the downward ray drawn in the same spot since before big breakout. It signaled it, in fact. Seems like we're going to continue sliding down that slope for some time. Ticker conversion may prove to be a catalyst, but nothing else indicating a rally right now.
The $60 Jan 2022 contracts are very attractive at current prices, IMO. CCCIV
Comment
It needs legs around $24 - anything below that could get ugly.
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