As far as we did not cross daily SMA 200 I don't believe we have a strong uptrend here. We may continue to go down, but slower than it was in the beginning of the year.
1. We didn't had a breakout of current downtrend on logscale yet. If we get to 8800-ish next few days, it would be clear, will we break this downtrend up, or go down again. If we break it, we could have a nice bullrun then.
2. Which way the current situation resembles more? The downtrend of 2013, when we continued to go up soon after breakout, or downtrend of...