Wendy's $WEN choppy bullish trend might be over as price breaks below a key support around $17. I have been bullish on Wendy's as long as it holds above $17, but this is no longer the case. Instead, we should anticipate a period of bearish correction with at least the 2018-low around $15 in sight if not lower.WEN Daily Chart(click to enlarge)Bears Taking Over:- The market has been trying to hold WEN above $17, but capitulated during the 10/23 session. The 10/24 session also failed to push price back above this level.- I think this is a sign that bears are taking over, although the RSI does not show that yet. - There might be some support around $16, a previous support/resistance pivot area.- If price does rebound from there, we should see what happens with price when it climbs up to $17, or even $17.50.- I think in the bearish correction mode, price will hold under $17, and at most $17.50. - In this scenario - if price holds under $17.50 - we can anticipate further downside towards the 2018-lows, which is around $15.