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One of the charts from this morning's research note:

Accompanying comment: "Tested the 25 May swing lows at 19284c (closed off the lows of the day). Weak but near oversold in the ultra short term (7-day RSI = 14). Your pivot to buy is 19510c, meaning that we want to see strong bids around this zone as confirmation for a rebound trade."

Further notes on chart

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