Most indicators point to go down, but the price is hanging on near HOD and above major MAs. Should be very interesting. Someone has to give up. Either long or short.
Careful. I would not be suprised if it snapped back to close at ORH (60M HIGH). I made my 10 points today time to reduce risk. P.S I would wait for a good signal ie 1-2-3. Instead of trying to nail every single move.
I used the 75 tick chart to play this, missed the first chance to selll at 688.20, almost stopped out at 686.90, won't miss the second chance to sell. The long-term MACD (two green lines) really helped me to stay in the position.