We are still looking to complete the correction of the 3 waves up which in theory should pull back to 50% or at least 38% of the total move. The recent leg up was not instigated by any convergence which shows sellers are still in control making this leg up an opportunity to sell in the short term. The bearish divergence on the 1 hour chart is giving us that opportunity. I entered a little aggressively on this one but you could wait to get a close below 13590 then a pull back to enter so don't worry if you have missed the entry don't just jump straight in. the bearish idea remains as long as the 13650 zone remains intact.
