If you are short, you are high. Uptrend is still valid. Nothing points to main trend reversal. HOV will at minimum touch 6.60 today. If we have a new low today I may believe HOV is sliding but not on your word which it seems is regularly incorrect. At present this looks like a consolidation before a big move. Seeing as the short interest is so high, I expect your short trailing covers will domino under the right circumstances.