• -20pts in Asia CLc1 trades +1.22%, after a bullish outside day, as oil fell
  
  
• 20 day Bollinger's contract, momentum studies crest, 5, 10 & 20 dma's curl
  
  
• Setup implies month of consolidation can continue
  
  
• 1.2377/1.2623 20 day Bollinger's define range parameters
  
  
• Initial support/resistance is NY 1.2388/1.2535 range