Bearish Indicators:
-Dow Theory: Not able to make new Higher Highs
-Candlesticks: Bearish Engulfing
-Trendline: Bearish Trend
-Oscillators: No Divergence
-Harmonics: In Process of Bat Formation
Bullish Indicators:
-Support at 49764-49556 can bounce from this zone
-Trend Line 1 seem to be intact
-Dow Theory: Not able to make new Higher Highs
-Candlesticks: Bearish Engulfing
-Trendline: Bearish Trend
-Oscillators: No Divergence
-Harmonics: In Process of Bat Formation
Bullish Indicators:
-Support at 49764-49556 can bounce from this zone
-Trend Line 1 seem to be intact