The market is bearish because the fast moving average is below the slow moving average. The Bollinger Bands are indicating an overbought market. An overbought reading occurs when the close is nearer to the top band than the bottom band. And, the market just signaled a 9 bar bearish key reversal adding to the chance for a decline here. Volatility is trending up based on a 9 bar moving average.
Momentum is in bearish territory.
Rate of Change is in bearish territory. And, a bearish key reversal off a 9 bar new high here suggests a downside move is likely. CCI will signal liquidation of this position when the CCI value 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 long position position will be reversed when the CCI crosses below zero.