EMA50 did cross EMA100 on 30 minutes chart and is very close to do it on 60 minutes charts as well! Price is now bellow a slightly declining five days moving average. It's unbelievable how fast the momentum has changed in only four trading days. If one insists to be in this market I would suggest very few shares and some hedging since volatility is extremely high and market can move very fast in either direction. Even RSI, a pretty conservative indicator I am using as a confirmation of a certain trend direction gave mixed signals these days, it went above 50 (buy signal) on Monday just to slip bellow 50 once again. MACD is about to give a sell signal as well after giving a buy signal around 1065-1070 so people using this indicator are also not making any money right now.
The only people that are making money are those using Williams %R, that gives you overbought (above -20) or oversold (bellow -80) levels. As you can see it stands now at -64 so is still not at the oversold level. This indicator should not be used in a powerful uptrend or downtrend since it can stay at oversold or overbought levels for a long time. Look at the February-April rally and see that Williams indicated overbought level since the day one of the rally!
Once again, let's keep an eye on 1067-1070 level to see if it holds.
P.S. Be carefully, the cat bellow can terrorize your mouse!