The long term trend has held for about 8 months now. The RSI is showing overbought, the BB is drifting on the top and STOCH is showing massively overbought! There is also a lovely Ascending Triangle forming that could break out either way, but given all the Bearish indicators and the long term trend, I cannot see this going another way.
There might be a few pit stops at Fib levels, but the down momentum will be too big to hold a fib level.
There might be a few pit stops at Fib levels, but the down momentum will be too big to hold a fib level.