Weekend Charting and Chart, page-16

It looks completely stuffed to me on the macd. Definitely bearish divergence. The best way to get a feel for formations is to use 5min charts and see what happens intraday and get a feel on what you see from your calls. Even 2-3min chart on the ASX in the first hour of trade will move enough to see something. Just keep doing it everyday for a couple years and you wont even have to think about it. Like reading the newspaper.