Either consolidation or have been in bear since Oct 1st 2018. Based on prior action, a bounce will likely retest 100w MA from below. If it is acting as resistance: short for 25%+ expected decline from that point.
For consolidation, need more time to pass = more information. RSI top trendline break may signal resumption, whereas bottom trend line break may signal bear market at a later date.
For consolidation, need more time to pass = more information. RSI top trendline break may signal resumption, whereas bottom trend line break may signal bear market at a later date.