Yesterday’s rally was encouraging, but keep in mind that 37.62 is where the midpoint support-turned-resistance of a larger, bearish pattern projecting to as low as 34.00 lies. You can try shorting there as I’d suggested originally, but whether you do so with a limit order or via camouflage, you should risk no more than a theoretical $6 per round lot on the entry. Above the stop, consider the prospect of getting long using the labeled external peak at 38.30 to generate a tradable abc pattern.
