Divergence
1 week & 2 days of Bearish divergence, 1 hr chart.
Daily Stochastic has touched once and crossed once. It's well above the 80, touched 100, and is starting it's decent and is currently at 98.7. IMO its Very Overbought. Since we are in consolidation and we are not trending I can have confidence in the Stochastics. The 1 hour, 2 hours, 3 hours, and 4-hour stochastics are also in the overbought areas which definitely add an extra
Major horizontal support from the previous consolidations lows.
50 EMA Daily coming in at the current price levels
What else can I say?
VIX.. has come down and now has a lot of room that it can go up again.