Seems to me the bearish drop is lacking strength, it might be the resulting pull of the weekly MACd crossing over in to positive, pointing up and moving upwards. Careful with the entry for long --- Price can still take a considerable dip due to the Daily indicators dropping off the cliff, moving downwards, and ready to pass under the 50 yard lines. I think that if price does not drop off the edge 300 - 500 dollars we are looking at a continued uptrend as shown. I already have a long position.