I use a small time frame chart for an entry/exit, sorry cant post it or give details of the bells and whistles. It is only a small edge if anything, I encourage everyone to explore it if you have the macro analysis down pat.
1) As Donna said it found support in the low 8180's support zone, quite clear.
2) Everyone was jumping in short, bearish as hell, in what was still chop, hence my comment about the stops and my target.
