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Correcting outside a rising wedge ..

Possible bear channel formed
Next stop 290.

Stop loss over 306 stop

Comment:

Place a stop on your shorts at the open.. If the market rebounds the next two days, this won't go down.. still bearish under 306

Comment:

Candle poking outside channel..
Price is right up against 50sma at 302..
I'm bearish here below 306.

If you short here at 302 keep a stop at 305.
The best short entry though is any drop below 296 again. Target 282