Weekly Inflections, Fibs, Supply&Demand Lines - Keeping it simple - Selling Entry in the yellow zones, Buying Entry in the Green - SL's on a break of the red zones - for this first Short Opportunity I believe 72.90 offers the best risk/reward short; however I will be Entering Short at 72.00; I think we may see a lot of consolidation in this overall Range during the next several months with a high possibility of seeing an extended range in the upper zone marked (Roughly 71.75-76.50 Range).
The two heavy black lines are our Long Term Supply/Demand Lines.
Good trading all!