Current analysis: A tight is forming. have a positive premium so entering a short should be easy. However this means the market thinks the cycle will be over sooner so watch your stops closely. There is a possibility that the flag break down soon, in that case the lower regions of the channel could be visited down to 240 is not impossible now. The flag may also end with a at 255 in which case 260 could be tested again and therefor price remains in the upper midst. When the breakdown comes much later, it is advised to watch out for the 250 level which could then have gained massive support - ending the trend.