I've learned its easier to just wait for the heavy selling volume to pour in than trying to get fancy with shorting these strong bullish trends. Soon as u see a few hours or even a day of heavy sellside volume, you start shifting your strategy to the short side.
Right now I just see bulls and bears fighting with each other. A fools market try to and grab a few ticks or a point IMO. I'm going to wait for the bears to get 'trapped' before instituting a long position. If that doesn't happen, no trades for me. Just my 2 cents. Take it for what its worth.....which is 2 cents lol.