The Gann Fun shows a signal that the market is going down. The prices fall below 1x1 line, it means the trend descending.
The same signal is also given by Fibonacci Fun. The prices is fall below level of 38.2. This is a berish signal.

Let's see more complicated charts. Some good technical signals this week. A dip back in line with the signal given by the MACD which crossed to the downside as we thought it would. The Kairi line has crossed below the zero line and that is a bearish signal. The Parabolic-SAR is still bullish but that is likely turn soon. As I said earlier in the week the technical signs are changing from bullish to indicate more caution near term. Wall Street is having much less influence on sentiment and the short term correlation with the U.S. market has come down sharply as you can see from the lower chart.

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