I will be looking to go short if we see reversal patterns form between the 78.6-61.8 fib or even a double top at 1300. If we get a break of the Uptrend I will be looking at first targets to be around 1275 with a final target at 1250.
However if we continue to break above 1300, I'll be looking for a retest on 1300 before going long. Target 1: 1325, Final Target: 1345-1350.