August Milk Bullish CypherMilk had a steady climb through April and May. Now retracing. Fell out of the channel today on a gap down, and expect fall to S1 at least, at 16.44. May attempt S2 at 16.29. It has breached the 20 day MA and has stayed below. Pivot at 16.70 becomes resistance. July contract fell last week and is ahead of August.