I've marked out an orange line on the 52, which seems to act as the for bull/bearish trends.
Looking at history we see the crossdown of 70 brings a few months, however it looks like we're bouncing off 70 this time, so there may be a little more left before we take a breather... but I believing we're going to have some months up ahead.
If someone were interested in going short on that signal (monthly 70 crossdown) I would then switch to an hourly/daily chart and do an analysis and setup the reward/risk short position... I don't know if selling shares short on a chart with a monthly resolution is a good idea with the fees associated with it... but I've never done it so maybe it is feasible?
Thanks for the comment