Play for Wednesday, May 27th

As predicted since last week, and repeated this weekend, we are now testing the middle of the head on the double top.

Be mindful that on longer intraday charts momentum is still bullish for now, but also that we rallied yesterday after a three day weekend. I am still short, with a very small position at 4485, and would not mind getting stopped out on such a small position. These are my considerations for today:

• If intraday momentum fails below the 4440s or so, I will be looking to add.
• Alternatively, any intraday buy signal will have me close my short (if I can) and flip side.
  
• First significant support would be around the 4370s-4380s and resistance in the 4510s.