@HondaJr, It may very well go up - I only play probabilities and I see a short based on a break below the Pivot Point which is key support. If I am wrong, I have a stop loss to exit and move on to the next trade with good risk reward.
@HondaJr, Yes, this is one of those that bites me on both ends:). The key lesson here is to trade your system and not to worry about any single trade. Losses happen, keeping them manageable is the point.