HTF - Market touched the top of the daily expanding channel and it has been moving bearishly ever since.
LTF - Market is forming an expanding channel and since the market has been moving impulsively downwards, than I would expect if the market breaks the correction that is forming now to the downside, further bearish momentum would be seen.
LTF - Market is forming an expanding channel and since the market has been moving impulsively downwards, than I would expect if the market breaks the correction that is forming now to the downside, further bearish momentum would be seen.