YUM today 8/30 saw loss in a trading day that was mostly green on SPY. In the morning it attempted to regain losses from last week, but any strength was quickly sold and the downward trend continued.
- Rejection at 9EMA --> Short Term Downtrend confirmation - Short Term EMA are bearishly crossing down to the 50 EMA - Bollinger bands expanding signaling potential continued drop - Increased volume on downward trend - RSI below 50 (30), can continue down to 15s