We last posted on yesterday when we were waiting for price to break and close below the April pivot low.
Price, today, has taken this level out and we are now waiting for the close below by the end of the trading day.
This is when support will be confirmed as resistance and when we will look to add more short positions to the one already in play as this break below support is a sign of a trend continuation.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!