Potential positive momentum reversal. This idea could take weeks to play out. There is obvious resistance at 300-315. Under 275 for any period will invalidate this idea. good luck and good trading.
Want to make this chart yours and find an idea of your own? My indicators are available at https://www.tradingview.com/market/ah-pipfoundry/
More information about my indicators: http://www.pipfoundry.com