Procter and Gamble Co. $PG has been in a choppy bullish mode throughout 2017, slowing down a sharper uptrend since late 2015. PG Daily Chart(click to enlarge)Trend Shift:- We noted that the uptrend has slowed down since 2016. - We should also note that the recent price dip down to 85 showed another shift to an even flatter direction.- The fact that the RSI has swung from 30 to 70 also shows sideways momentum. The extra push below 30 at the end of October indicates some bearish bias.- All in all, these shifts suggest less confidence for the upside. - I think if PG gets rejected here around 92, it would confirm my suspicion that it is in a consolidation and maybe even bearish correction period. - In this scenario, we have the 85.50-86 area in sight, with 82 area as the next target below.- A break above 92 removes a bearish clue, but is not necessarily a bullish sign. We should limit the bullish outlook above 92 to around 94.25, the previous high.