5.31 Early Morning Analysis
The second contract broke below the 4-hour level of 2580 last night, having touched the daily support zone of 2550-2530. This zone can serve as a short stop-loss point or a position for short speculation. If one wishes to continue trading shorts, attention needs to be paid to whether the 2620 level can be broken. If it reverses back to around 2600, a short position can be established again.