In my previous chart I suggested to look for a fakeout to 255-262 area and a big dump to $155-168 area ($168 is my target) -- this is into play for me until we break with big 26x-27x area and not in a parabolic way (look for my yellow top to be broken).
if we get to $168-155 area we go up from there with a nice . But if it breaks we drop to $121.
Note: 158 to 121 is within the 50-61.8 Fibonacci range.
Current Indicators pointing to SELL:
3D - Sell
4H and 6H - Sell
4H very close and was overbought - Sell
4H Willy was in the stupid area (we could still have room for another leg up to 26x-27x when looking at this)
High %age of longs on Finex - Seems everyone bought - good idea to go against them and squeeze them (market has been doing this lately on both sides)