SRS / IYR or DRN short continues to be one of my favorite trades right now.  60 min SRS charts below, in order, including today’s updated chart.  up 4% from breakout but plenty of meat left on the bone on this one if things play out as expected.  if you took it pre or post break-out, considered placing stops below entry to assure at least a breakeven on the trade as until all equity indexes have confirmed a breakdown on the 60 min charts, this is still a counter-trend trade.  i will leave this categorized as both an active trade and a trade set-up for now as i believe this trade still offers a good R/R entry around current levels.