LAST WEEK, HERE → "Sell 25,557, out on a daily settle above 25,666, TP1 25,317, paid at 25,238–24,890."
The short armed and cashed +241 points on Friday's grade.
I sold the rebound and banked the damage.
THE SETUP: SHORT
Another lower weekly high and low, 288 and 137 points under the week before; Friday swallowed Thursday's entire 175-point advance and settled 272 points under Wednesday's close.
Monday opened 55 points above Friday's settle and trades above this week's average cost, so selling here means fighting profitable fresh longs.
Let that money lift the bounce into weekly resistance, just beneath Friday's failed high, 425 points off Friday's low: my sale belongs overhead, not underneath my feet.
