3rd Level Drop

Looking for price to hold below the 113.00 psych level. this would also be a pullbback to the 50 EMA as well as the Stationary 50 on the TDI... these are great secondary indicators for good pullback zones. if you want to wait for confirmation i would wait until the CCI breaks below -100. because this is such a black o white trade i would use type stops just above 113.00 with about 50-100 pips for wicks and stop hunts.