A.) Prices peaked a bit above 91 in late November. Since then they have been dropping steadily.
B.) Prices first bounced off resistance in mid-December, then broke through on their second move lower
C.) Prices are currently consolidating in a triangle pattern which can be a reversal or continually patter. Also note that prices are right against the downward sloping trend line that starts from the late-November peak.
D.) Prices are bearishly aligned -- all are moving lower and the shorter and below the larger. Also note that the 10 day EMA has provided resistance for prices for the last few days.
