The market is bearish because the fast moving average is below the slow moving average. The Bollinger Bands are indicating an oversold condition. An oversold reading occurs when the close is nearer to the bottom band than the top band. Look for some price strength before taking any bullish positions based on this indicator. Volatility is in a downtrend based on a 9 bar moving average.
Momentum is in bearish territory.
Rate of Change is indicating an oversold market and appears to be slowing, suggesting some strength. A modest upturn is possible here. This short position should be covered when the CCI crosses back into the neutral center region. Initiating signals when CCI crosses zero, rather than waiting for CCI to cross out of the neutral region can often help overcome this. The current short position will be reversed when the CCI crosses above zero.