Would have made a great PUT option trade. The larger trend is measure with EMA cross over (when the 7 crosses over the 27). The sub trends that indicate a directional price trend would be RSI, MACD and Parabolic SAR.= interpreted in the traditional manner.
SLF Larger Trend Signals a Sell RSI - Signaled a Sell (Feb 10-11) MACD - Signaled a Sell (Feb 10-11) Parabolic SAR (Feb 11-12)