The 85 level has been on for a while, and you can see recently once it broke, price retested and failed to continue down to the 60's. There is not much stopping price from moving down to the first half 2020 range it was in for almost 4 months (purple bar).
RSI is still negative. Stochastic %D still has to finish moving down and round back up, which means more selling will occur (unless news unexpectedly alters sentiment).
RSI is still negative. Stochastic %D still has to finish moving down and round back up, which means more selling will occur (unless news unexpectedly alters sentiment).