The WR1 did its job and stopped the rally for now. There was negative divergence whilst butting up against the pivot which I should have spotted yesterday for a short entry. Gap down opening today with choppy action between DS1-S2, however the monthly R1 has also been breached as support. Short from DS1 looking for a larger pullback, as long as Trump stops tweeting!
A break above the DS1 and MR1 will invalidate.
A break above the DS1 and MR1 will invalidate.
