Price has just hit the 61.8% retracement on the wave down from 9/5 to 9/22. Additionally, price has passed the weekly pivot without touching the weekly pivot. It has been ages since price has passed the weekly pivot without touching. Look for it in the short term to head back towards the pivot at approximate ~ 231.
Entry - Market short
SL - 241.5
Short term target - 231.5
Longer term target - 221.5 (where the last weekly pivot was skipped)
Entry - Market short
SL - 241.5
Short term target - 231.5
Longer term target - 221.5 (where the last weekly pivot was skipped)