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Thoughts on UST and the 41.00 level
Watching $UST very closely around the 41.00 handle today. It's dipped just below, but the consistent pressure there suggests it's a key psychological and technical level; a sustained break below 40.90 would likely invalidate the current consolidation around this zone for me.
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Good call on the 41.00 level for $UST. I've been watching it too, and the fight there is quite telling. Do you have a target in mind if it manages to hold and bounce from here, or are you just playing the consolidation for now?