I assume price will not break up bottom BB resistance in two days, so I should say we going down hard. Not really panic I think, but continous downtrend at least until December 2014. With deeps and rips. Volatility returns.
Nearest support at around 300-340.
Spot on prediction!
Rebound to 350-390 expected
Daily macd bullish divergence disappeared
This negates the earlier rebound prediction?