a second attempt at entering the downtrend, SL above solid=SELLs

1-> 5 : classic flow of lower highs and lows

2 : a support is found for a minor pullback, major
volitility ensues from number 3 and we push through the former
support

5: there is a potential that this is now a resistance

what do I think will happen :

- dow theory : lower highs and lows = downtrend
- elliot wave : we are at the fifth wave and can expect a strong
reaction for the next leg down which should occur in 3 minor waves

* according to zone trading, over past 2,500 candles, if price closes
below a zone , there is a 73% chance it will go to the next zone below,
this really helps our bearish case and the potential for price to not close
above 3

* we also have a hidden (continuation) bearish divergence, on mfi and rsi , which is the stronger of the two divergences ( normal and hidden ) as it is on trend.