You can see we have a well respected trend line and a strong resistance level, currently price is nearly at these so we can only see price movement to the downside.
Again look how clean and and clear we keep our charts... remember simplicity is key... F#ck all the so called GURUS telling you that you have to use 200 indicators and follow there holy grail strategy...
1. Moving Average showing the upside-limit to bulls atm. Reminds me a bit of April 2014, but see point 3 RSI. A break with bigger volume could be considered as a legit buysignal. Could take us easily back above $ 500-550.
2. Volume was large during the sell-off and the following bounce. At least we can read from it, that we reached a key-level with strong...