a phew charts for hilldweller great thread folks and interesting debate..
here are a few charts giving the long and daytraders views..imo
summary is I would sell if the first sign the old top 170 being breached it did close with a lower shadow and still holding the new top ..though
does not convince me this not in for a further short term retrace, I have also posted a few CBLs x3 for backtesting stops using this method. If selling short term the next new top should still break strongly.. The fibonacci studies and Gann fans give a future price projection circled. hope most of this appears obvious to others.
The short term Zero lag Macd has also merged (sell)
I have marked the Z-lag recent entries green exits red in order to compare the slower MACD which is still Long though appears to be converging down..imo
Dont know what your position size is Hill.
seems the current trading range? does not allow for tight stops..But you MUST have one....
good luck