1. is oversold.
2. OBV is falling
3. We haven't broken wave 3 high yet, and I don't see the for it.
4. Bears are probably hungry to push us back under the major resistance line.
Instead I see a 5th wave completing soon, and then an correction hitting the 8000-8500 region.
My position: selling now, and laddering buys in this region. If we get an extended 5th wave to the 13,000 region, I will likely have a buy back opportunity after it corrects there (even a 0.382 correction there puts us at today's current price.
DISCLAIMER: I'm wrong sometimes, but am willing to take the risk to put myself out here and make bold claims about the direction I think we are going. I don't waste your time with "If X then Y, if W then Z, maybe this maybe that", followed by "SEE! I told you, and I was right. Worship my TA!"