Hi - first post on this forum and thought I would throw out a chart for thoughts. You were mentioning shorting MQG - I threw a short on at the little head and shoulders formation up around $91 but got closed out on the second throw back. MQG looks to be at the base of the trend channel (if I have drawn it correctly) and I would wonder if this is an indication to possibly go long with the possible continuation of the channel or wait for the break and THEN go short? There does appear to be some reasonable support in the $83 region.
(20min delay)