PTL : Next support at 12.80, but it probably wont be the cycle low

PTL’s monthly chart below gives 12.8 as its next support of substance, below which 8.70-8.80 is the next big level. 10 is more of a psychological support. We doubt 12.8 will be the low this time, with the following range certainly in danger of a re-visit : 11.5 to 11.7

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