This looks like a good shorting opportunity. Stop losses at around 268-270 (psychological level)
First rally to around 244-240 mark.
There is also bearish divergance showing on the stochastic RSI on the 1 hour chart.
If a break above the previous resistance level, look to long at 270 (But only if price proves to be holding above this psychological level.
First rally to around 244-240 mark.
There is also bearish divergance showing on the stochastic RSI on the 1 hour chart.
If a break above the previous resistance level, look to long at 270 (But only if price proves to be holding above this psychological level.