Bulls are still hanging on with a chance of changing the weekly trend. Price does look exhausted and a seasonal cycle low in August is very possible. Green line is based on brief consolidation and continuation. Price target is $2.15 Orange candles is the June price action. Red is a steady grind lower over the next 3-4 weeks. Both the orange and red have price target of $1.50 down to $1.30 as discussed back in June. Would be possible that price doesn't get this low before September expires and with current spread may never.