Although I dissed yesterday’s feeble rally attempt in today’s commentary, it was nonetheless bullishly impulsive on the hourly chart. That doesn’t necessarily mean it’s going to get very far, and we can therefore consider a speculative short at ‘D2’ of the pattern shown. I won’t task you with camouflaging your way aboard, but your stop-loss should be no wider then three ticks. If you’re worried the rally may fall shy of D2, you could try camo-ing your way aboard at p or D, but I’d suggest camouflage at those two pivots. Size: two contracts.
