$ARX Continue to short. This breakout attempt failed; the shorts are stepping in and may quickly retest the lows. Plan to build a short position at this level. For entry, watch the 0.1625 to 0.1666 range. The targets are around 0.1581 to 0.1529. Place the defense at 0.1716. Also, $BANK and $SNDK are waiting for a drop. Pay attention to risk: if it reclaims 0.1635 again with volume, it could be a false move. Don’t go all-in—manage your position size according to your account.

ARX-3.24%
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