Next, the market provided another clue, as the next rally showed divergence on the .
Though prices bounced from a fairly critical , the last week as confirmed the down direction as price as sold at the 20EMA.
It is fair to assume that more downside is coming, with the critical and a secondary providing support. Ultimately, we would need to see horizontal support (purple ) to keep long-term posture.
I am neutral-short at this point.