Down move still in effect. Trailing a stop closely (horizontal line) to capture what I can. Closely because I'm expecting a reversal anyway. Will exit on a buy signal. Once again observe the redrawing of the trend line. This is why I don't like TLs. They have a subjective nature to them. But if I could make some consistent rules for how to utilize them...
Buy signal triggered for a move up to 85-86. Reverse and long at 78,50. EDIT: And that's why I need a stop. Stopped for a small loss. Turns out this down move had some potential after all.