on the last update for X, i mentioned that a break of S3 on the 60-120 min chart would be the next objective entry or add-on for those that took the X short trade originally posted on feb 10th.  X has now broken below that support level and is now a 10%+ gainer but still plenty of downside left on this one based on the initial daily targets.  however, if we are at or near a more lasting top in the market vs. just a correction in a continuing uptrend, then the X short has much more downside potential based on the weekly target posted in the original post (click here to view).