20 SMA getting rejected of the 50 SMA. Typically meaning the market flipping more bearish. Also on the monthly MACD is diverging back to the 0-line which would allow price to drop.
Previously what happenend was an target of a fib retracement arround the 2.618 mark which gives me the following targets. Targets arround 1500 ( 1.618 ) and 1300 ( 2.618 )