The lenght of the last upswings have been shorter and shorter for the last swings, which may indicate that we have rolled over to a downtrend. This of course is supported by the major downswing that followed. It now looks like we are in a pullback from that downswing, and may be looking at another downswing soon. If we brake through the uptrend-line on the chart I take this as confirmation that we most likely are going down, and will open a short position.
Trade active:
Breakdown