Comment: And that's how I find it....
I had a similar chart with resistance lines, and i missed to get in on the break of that down trend. I see you posted a Short idea on it now with a heavy resistance zone that i also noticed and did not take a position. Would you be a buyer on the pullback given that the trend seems to have changed?
I make decisions on the fly. I lost 8% portfolio loss in this sucker, with this sector rotation. Was a bad freaking loss, compared to my 2 - 3% limit per trade. Over confidence can easily get me there.... lol. In this case, I will wait for a trigger and trade. I need to see it develop some weakness on the Daily chart.