Quick Update

This market has stopped around the resistance price zone that I had speculated in the previous update (around $530) then resumed its downward movement. First support is in the area between 365 and 380 dollars, also because the 50% or midpoint of the previous swing from 340 to 548 dollars ($ 444) has already been broken down, which is certainly a bearish sign.
I believe that we will continue to see a decline in prices this week too, the main resistance is always the two month VWAP passing at 517 dollars.