We are currently sitting right at the long term log trend line at the 50% fib retracement. Supposedly bullish news coming tomorrow, which also happens to be the day of a new moon at max declination (farthest position from earth's equator at ~20 degrees N). Also, a moon apogee is close on June 30 (moon farthest away from earth).
This all indicates an impending trend reversal from short-term bear to long-term bull.
This all indicates an impending trend reversal from short-term bear to long-term bull.