RSI: yes we bounced off the divergence of the daily, but we have a ways to go before reaching a critical limit suggested by the supporting . The EW count suggests we can continue to be extended. We took quite a hit on the when we fell ~3% last week, leaving room to continue the upward price action.
MACD- tapering off but still .
ADX- Green is above the red, still .
ICC - falling out of the sell zone, but this chart does not have an extensive history so I wouldnt trust this indicator as much. What we can deduce from this is that we are heading toward the neutral zone. This should deter us from any impulsive selling.
Fib time zones- the next wave lines up well if you count the 1 to the 2. WE AREN'T THERE YET.
Ultimately, if you believe the EW count, and interpret that the indicators are not suggesting any impulsive selling, then you should wait to short this. Major indexes suggest a small pullback is coming. This may come right before season (early this week), and allow for a setup to go long for wave 5's.
See my long term chart for what the heck is still to come. GOOD LUCK.