Trade closed: target reached:
Short trade has been closed as target of 1170 has been reached. A move upward should now be in the works. This move may be one of two things, a short term retrace with a much deeper drive lower, or it could be a move up past the previous high near 1400. The structure of the move up will dictate whether the bias is down or up.
Stay tuned for more, and as always,