Short Term Update--Short Trade closed, Waiting for Bounce
Although my previous target was not hit...the lack of volume on this dump when coupled with the support from the bottom of the channel has made me rethink my position. I have closed my shorts in profit and am waiting for a bounce to my target zone in blue to re-short OR a breakdown at which time i will begin looking to short on the restests of previous support zones. Either way I am happy with my previous trade and am content to sit out and watch for now as I feel like we are in a sort of uncertain zone.
Good luck to All!
Good luck to All!
Catatan
Quick note...this area does worry me as significant resistance...I am worried I may miss out on a larger dump HOWEVER...the dump was low volume and we are at what could be considered a support area...so despite the bearish looking ema's i have elected to close...I may regret it but I am taking a claculated risk...lets see. 
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