Overall bias is still short with a regression. BUT, not by much. A clear break of 0.0000 on the regression indicator and stabilization above it would indicate a trend change to the upside. It's too early to predict that what's going to happen...but worth keeping in mind. We could see the early signs of a temporary bottom forming.
For shorts I will watch price action at 47.60 (needs a strong break to get me in that low), 48.15ish ( aka where we are now) and 48.80ish.
For longs, assuming price action shows momentum, I'm keeping an eye on 47.60ish, 48.15 and given very momentum a break of 48.80ish. Above I'm just going to follow momentum and obviously keep an eye on the psychological 50.0 level.
So yeah, overall still slightly , but with a potential bottom forming.