Hi Steveman, just happened to glimpse my nic in your post title. I've had a look at the chart (see below) and yes MACD & Stoch both provide sell signals, so it looks like some short term downside, but I would suggest caution about shorting here because you'd be going against what looks like a pretty well established bullish trend. Therefore a scalping short with a tight stop might be OK, but that's about it. Yes its failed to break resistance at 11.30 twice but a 3rd attempt is usually succesful and there's a gap there dating back to 2008 (see yellow rectangle) which could be still be filled pretty readily on a breakout of the 11.30 resistance.
