A strong case for a reversal

Ill make this short and sweet:

1.RSI is currently divergent.
2.TD Indicator is on a daily and 12 hour perfect 9.
3.Moving Averages are over extended at this time.

Remember that this is a very risky because we are basically trading against the weekly trend. We should see a bounce to 7700 to 7500 if it is a much lower bounce then that is a bad sign and an indicator that we may go lower.

God Speed Gents,
Mr.Manbearpig