Stochastic curve down, macd curve down in next 24h after a final push to 7800. Daily stochastic also pretty high. Big trendline coming up in the next 24h.
Long term definately negative. Plenty of indicators showing continuation to down side. This is the perfect opportunity to sell. Sorry bulls :/
Short on a clear wave by wave pattern for much needed consolidation until the next support. Head and shoulders pattern on hourly chart forming.
WU showing downside after dropping thru a trend line and the 200d ma on big volume. Another volume spike today confirms the downward pressure. Short term resistance at 19.80 and that is where to short. Stop at 20.50. Downside up until 18.75 - 18.50 and 16.00.