Agressive entry short here looking for follow through to the downside.
Comment:
Relative weakness increases the likelihood this is heading lower.
Comment:
Taking 1/3 off the table. Moving stop to entry. Still looks good for more downside however - but anything can happen.
Comment:
A measured move of the breakdown to the trend line was 18 pts. So, 207+18=225 and will watch for weakness to reappear before we exceed that level if this is to be just a fake out rally.
Trade closed manually:
Slow mover right now. Oversold multiple timeframes. Taking it off. Could move either way when debt issue resolved.