The daily chart is starting to turn into the 5th wave down. Stochastics are also turning, so I will be watching for covering bearish bars before entering a short. Likely within the next 24hrs.
The 3hr chart is also just coming off overbought. Prime time!!
The weekly chart is still on a bear wave 1 and well below all moving averages... strong bear trend.... daily trade in the direction of the weekly trend is the theme here.