As I dare declared "August 2nd is the market top" on previous note is still valid to my book. Daily price is below 8, 16, 24 MA and weekly price is below 8 MA and and is continuously pointing down.
In this highly volatile time, #1 RULE is not to lose . Cut, limit lot size. Once profited in the 1st tier out of 3 tiers, automatic stop loss move down to break even, the remaining tiers run by trailing stop is the key to daily profit. With this macro view of downtrend in mind, patiently wait until peak of 5 min chart, then short, short, short only when long term is down trending, like synchronous surfing tide and wave. However, price is still on the zone on the 100 MA, above 200 MA. So be careful, tighten sea belt.