We are still in bear market and I'm bearish until I see major upward movement with big Volume defying all bearish indications. Still a bit room left for the RSI to hit the resistance. I expect another huge drop soon in 1-2 weeks.
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because people love comparing this bear market with 2014: Either way this weekly shooting star candle is an extremely bearish sign. We'll have to wait for the next weekly candle to confirm it.