I think we have around 3-4 days before the DCL. I will be watching the reversal deeper in the oversold territory and Slow to cross over before calling the DCL.
The 200 looks a bit too far on tha now. I think the DCL will be printed at 46 or 43 $.
In the following 3-4 days we will see how steep will be the decline.
SlowStochastic is crossing over , RSI seems to be turning up in the oversold territory.
MACD is bearish though. (MACD usually gives a late signal)
I wait for today's data and decide to get out or stay in the short position.
What do you think?
Thank so much.