I am still long from the Bullish Accumulation Zone, however I do recognize that the very squeezed bears are going to push back again soon. Shorts will arrive in force at 255-260 if it can get there. However I have a feeling those shorting will already be underwater and they are doing so to push down and break even. If so the Bullish market makers can very easily keep pushing the trend, and if so the chances of a spike top get much more real.
The most logical path at this point is shorts starting at the high 240's and then in force above 255. After that I'd need to see the chart again.
The most logical path at this point is shorts starting at the high 240's and then in force above 255. After that I'd need to see the chart again.