Looks bearish here as it has b/o to the bearish side of the intermediate term trendline from 10/12..........also is at some major support level around 1070.......as they say price tends to tests levels several times before breaking them......this looks like lots of distribution at the top of the long-term bull trend.....if it b/o thru the lvl. of 1070 then this thing will most likely be confirmed to be in a new bearish trend