* PSAR – I don't like how it does not have a buy signal yet. Could mean we will be flat or go down even further. If we do head back up a buy signal looks like it would be short lived. If that is the case, be prepared for another leg down.
* – Since almost the beginning of July we have not yet once seen it go back into overbought territory. Showing how much the bears are really driving this market. If we did make it back up there at least once, then the trend would be in question.
* ATR – Each time it goes up, the price goes down. Meaning we are in a trend. When going down from the ATR peaks the price generally remains flat or continues slightly up. Showing how the bulls do not have the strength to make big moves right now.
– The sell has been really high reinforcing that we are still in a trend.
Not much more but if interested blog post: http://www.allbitcointa.cu.cc/2014/09/tough-week-for-bulls.html