Looking at the log chart, and using the long term diagonal support line, we can see how the last close shows sign of a reversal based on the hammer candle. Furthermore, although we are showing lower lows and lower highs over the weeks by looking at the price, the RSI shows somewhat a different story. This is an interesting point to watch. Furthermore the 50 EMA is still trading above the 110 EMA. If the 50 were to cross below the 110, then it would make a stronger case for the bears.