Overall, the downward trend from the double top continues. Prices are moving lower and the MACD and RSI are confirming the trend. The 10 and 20 week EMA are also moving lower with the 10 week EMA going though the 50 week EMA and the 20 about to follow suit.
The daily chart is a great example of bear market rallies -- it contains two. Notice how prices are moving lower but the lower movement is interrupted by several pennant and flag patterns. These are classic bear market corrections.
