This might be set for a rebound but trend has been down for a little more than a year, so I would not expect much. If this gets back above the blue doted trend line, it would be back into the longer term up trend.
Then it would be back in the middle term triangle and again wait for a break out either way. This only if above blue dotted line.
Then it would be back in the middle term triangle and again wait for a break out either way. This only if above blue dotted line.
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It is still dropping with not a sign of stopping. Last 2 weeks gave some signal of slowing down, but this week the drop still strong. Might have to wait for a slow down to then possibly look for a little rebound.
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