A lower high has been formed on the hourly chart and a few minutes ago, the beast has breached the minor support and now should be in progress to make a new lower low. This could be a signal that the bears are on the way back to the battle field after retreating for a few days.
Should today's candle closes bearish, it should be an early indication that the beast has start resuming it real direction; that is DOWNWARDS!!!!
Below is the hourly chart as of 3.17 pm Malaysia.
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