This is exactly what I have been talking about with the flat kijun sen on the weekly chart. I have been saying that the price will want to come back to the kijun sen and it has. There is a high chance that due to the divergence there could be an over shoot to the downside to test the previous low. I knew this market was not going on to make a new high because the monthly MACD and stochastic was crossed down. I have been saying this is a sideways market at best. The weekly MACD is crossed up as of the close, if the weekly MACD was to cross down we could have the conditions in place for the dreaded lower high lower low. That would almost certainly confirm that the bull market is over. It is too early to say yet. Have to see how it develops.
The daily is still above the kumo. The chikou is not crossed down yet. If the price breaks down below the kumo then it will most likely test the key support.
The 4hr is on a small support area and looks a bit over done. See what it does on Monday. As I say we are looking at the if/then process.
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