(default 14) is in yellow triangle area, once PA break out below, will be looking for trades at lower time frames. I trade by price action #1, but note news on charts, so that I am not caught up in trades when possible sudden large PA movements might occur. This coming week, a lot of news on chart which will cause bears to be strongly in charge. I keep indicator on bottom of charts, because it does not take up any additional chart space and when a very large indicator is noted or a lot of interest ( like blue up/down arrow), this most of time means that PA is either at a major resistance and/or major . Now, I believe that PA will continue to drop.
I will wait for a trend break on 1 hour charts and a reversal chart pattern to trade bears. Patience is a virtue.