You have practically the major trendlines up in your chart. That's good.
But you'll need to work on the sublines to get an idea of where price is moving a little quicker.
Here's an example, we had price closing below subutl 2 about 16 hours ago & I called short when everyone's trying to long this sucker:
http://www.forexfactory.com/showpost...stcount=150395
Not trying to brag, but I'm trying to point out how most people still fail to identify basic trading principle - don't long near the top. We're not picking tops for no reason by the way, this had been an unmistakable top for the past 2 months, & price again was rejected heavily again yesterday at the major resistance level as highlighted in the chart below. Regarding your question of another ltl bounce remains to be seen since it's too late in the day & at low volume it's pretty hard to say if we'll get a reversal or a continuation. Personally, I'd wait till Monday at least to get a rough idea where this thing might be headed. Overall bias however remains bearish as there are too many factors that points that way. I'm not ruling out long however, but nothing can convince me to long from here.
Let me know if you need anything buddy.
Enjoy your weekend, I'm outta here
Thank You 