Bearish tone expecting test 1270-1250 area before bullish reversal
One more leg down before a test of yearly tl, this could spike to 1332 short term before finding support around 1292
one more leg down to 1295 area before new uptrend testing yearly tl at around 1260...
Still looks very bearish longe term, shorter term cycle ending abc correction. See if this starts a new bull run ..
although longer terms it remains bearish, due to technicals i see it retesting multi year tl before bear downtrend. Stoch rsi and macd are oversold and for that reason only i see retest