Click on Chart to EnlargeThe 60 min chart MACD,RSI, Stochastics, etc are now showing some bearish divergence (price making new highs but the indicators are not) after a consolidation the last couple days. So we may be near the end of this move higher at least for a short term top. Since the move has been strongly trending, it may be best to use a trending indicator (like ADX/DMI) as well to confirm the end of this 60 min trend.
I might post a trade on this if the market does reverse soon at these levels and gives a nice bearish cross down on the hourly MACD.
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