Daily the level, it is a pretty good chance to short when pullback a little near the lower bound of the again (around 49.9). Two target, consider to play bear conservatively, have been set for this trade: 49.06 and 47.74. On the top of that, it is very likely to see the "retrace 0.618 point" later this week or earlier next week. Then it might a good chance to long from there. (I will update that part next week)
At the moment, SL could be safe to set at the higher bound of the .
Best luck and enjoy the trading;