Yesterday’s break still alerts for an initial turnover to short term peaking action. The near term trade is congesting as momentum forces are shifted to the downside. Look for selling to again attack 1.2455 support. A close under 1.2455 confirms a short term top, opening up potential selloffs to 1.2402. The market will need to climb back to a close over 1.2630 to rekindle bull trend forces.