price returns to minor structure, but too many confluences =SELL

* a consolidation followed by a selloff and return to consolidation presents a path for a sell entry

* confluences are frequency adjusted andrews pitchfork on the major structure , volume point of control over the last few swings, vwap from the previous high

* volume poc and vwap as well as consolidation presents a good barrier to a stop, even though this might just be a minor structure reaction

* what I mean by minor structure reaction is that we might get the real selloff at the major highs to the left, which are solid major highs, there is volume cluster there too, probably 1st or second standard deviation off the vwap and 1.5 , 1.618 or 2 level on andrews

* we could just break above and use that consolidation as support for an expanding structure.

* it's all about what the chart is doing now, not what we think, because any of those thoughts could have randomly come into my mind first.

* if I did not have all these tools pointing right at price I would wait for price to come up with an alert, but its just too much co-incidence for me not to try it.

* bearish divergence on rsi, mfi and accum/dist

* also overbought on rsi and mfi

* open market sells