The instrument after a strong uptrend is now experiencing a consolidation since market was unable to hold the quarterly close higer than 101 which is an important key level so found weakness to retest lower short-term support area into 93 and 94 range. All this is seen in the following quarterly chart:And a closer look in monthly:Given the importance of the whole move in uptrend, I expect a continuation to the upside in the long term, but in medium and short term there is high potential for a we…