The Sell signal, according to the , has straightened after "death cross" looms. It is when 50-days MA falling under 200-days MA. Near term targets for sellers could be occur near October and November lows.
Yesterday there were several short-term unfavorable factors, which increased the decline:
• weakening hopes for a breakthrough in trade negotiations with China;
• increased demand for safe-haven assets before the weekend on Wednesday;
• rollback after unsuccessful attempt to overcome the , which was not given in October and November.