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Alright, seeing that 79.76 pivot acting as resistance and the 20/50 SMAs are super close together around 79.72. I'm going to try a short position here at 79.70. Targeting the 79.25 S2 pivot, and I'll set my stop loss just above R1 around 79.95. Let's see if this little scalp works out.
Actually, I just tweaked my stop loss a bit higher to 80.05. Better to give it a little room to breathe and avoid getting stopped out by a minor fluctuation before it potentially heads south. Still targeting that 79.25 level though.
