My thoughts jongo. I see your reasons for the trade. A bit early for me. This has been in a 2 month run up trend. sp is still above the EMA 10. The MACD is nearing zero. This is generally good for a short. It does also happen when the sp levels out for a while. This has happened. Consolidated as you put it. I can post a chart if you want. These days I am more conservative with my entries. I hope it works for you. You are swimming against the tide unless the tide changes. If that happens then it was a good early call. Good luck mower