We are seeing a short term moving average crossover and sitting above the S1 pivot support. MFI is still positive showing continued upward momentum. If we break the current resistance zone and close above it in 24 hours, may be a good look for a short term entry. $250-269 would be the next zone of resistance if we continue the upward trend. Though if we fail to break through where we are now we continue to wait for a better situation.