Currently the market has been forming LL and LH in a downtrend.Price is below our 200,50,20 EMA. As well as our ichimoku clouds are above price which suggest that the market is still in a bearish phase. With price action on our monthly weekly and daily has illustrated a bearish candlestick. , . Fianlly for price to reject our 20 EMA which will give us a final confluence.Or either await till price hits a 318 to form our c leg and sell.