Looks like we have formed a shooting star
on the daily chart
which is a very bearish candlestick
. Considering Positioning and the current RSI
being nearly 80 on the daily, it is reasonable to believe that we will take a breather in the midst of this uptrend. I will be going short here at 63.50 with a stop above the recent highs at 65.04, I am looking for a 10% correction over the next two weeks or so.