Dear XRAY27, at least you use MA. I don't see charts nowadays - only trade based on Price Swings & Fibo levels. Here is the entry on my trading log for today -
Short term take - yesterday' s high of day could be a reversal (7735) as the previous swing high was 7740. The prior lows are 7540 & 7593 - Lower Lows. If extended for couple more swings, we see the highs are 7735, 7740, 7791, 7840 (all time high now). The TOPS are coming down. The corresponding BOTTOMS (latest to oldest) are 7540, 7593, 7707, 7595.
If I ignore 7707 low, then the 7590-7540 offers good support and the 7740-7790 offers the resistance.
Short at 7735-40 with SL at 7790 break. Should be able to get 7590 at least. 7614 is the 61.8% retracement for the upmove. Reward is (7735-7615 = 120) and the Risk is (7790-7735 = 55).