T1 on the CAT short is hit. consider taking full or partial profits or lowering stops if holding out for one of the additional targets. typically, but not always, i expect a bounce or pause (reaction) off my targets so more nimble traders can often reverse the trade for a quick bounce. however, there are a myriad of factors that go into determining whether or not a bounce is likely or not, including to but not limited to whether or not the intraday charts confirm a bounce or not. at some point in the future i might do a poll to see how many traders following this site are interesting in more active daytrading opportunities like this but for now most of the trades and commentary posted here will be focused on swing trading targets.