1) Intraday market direction is short
2) In a Bearish Channel
3) Minor support &resistance
3) On the verge of breaking the last HL which is also a support which will create a new HL
and a indication of a trend continuation
& more..
Expecting price to rally down to around 1311.2
Short position If it will broken head and shoulders pattern. Now is price in channel and in downtrend. Confluences are Head and Shoulders, resistence line of the channel and downtrend. Good luck