best put warrants to trade, page-6

Minotaur is correct it is trading at the upper trendline of a bearish or rising wedge.

I have also shorted the index and have some more sells if it decides to spike up a little more; but at 4080... hasta la vista I am out of there.

RSI is in a type bearish divergence and looks a tad over cooked. Worth a short position, but won't pay if you are a zealot bear and refuse to take a loss.