McDonald's (MCD) has been on a sharp bull market in 2017, but we might see a period of consolidation/bearish correction ahead. McDonald's (MCD) Daily Chart(click to enlarge)Bearish Divergence:- The main reason I think McD will enter a period of sideways or even a bit bearish price action for weeks or even months to come is because there is a bearish divergence between price and the RSI.- This is not a strong bearish signal when the prevailing trend is so sharply bullish.- Still, it does warn against continuing to jump on this runaway train.- On the other hand, the bearish outlook should be limited as well because the prevailing trend is so bullish.- The 148 support pivot is a viable bearish target. We should limit the bearish target to 143, or when price meets the rising trendline seen on the daily chart.