Disliked{quote} The bullish movement you saw was a correction within the longer time frame my friend. Start on the weekly and monthly time frames, where the trend has been down for a while. If you use Elliot waves, you will notice the 4-hour has been down for a little while, and its moving nicely into a possible Wave 3. {image}Ignored
Daily looks to be ranging and 4hr looks to have made a lower high so we should get a retest of the 7577 area (and hopefully a break). I don't use Elliot waves but RSI on weekly, daily, 4hr all suggests more room for downward movement than up.
Hope for the best, prepare for the worst.