Chevron: 9 Weeks In, but the Decline Hasn't Delivered

Chevron is at week 9 of a sell signal, with the trade in a modest gain since inception. The decline holds its direction, but the market hasn't confirmed it with conviction: the week closed virtually flat, CMF has recovered nearly to zero, and a double bottom has formed in the 180 area on the daily chart. The quality band flags trading as not recommended.