Opportunity to short the relief rally?

After the break of the bullish channel, we have seen a swift but aggressive sell-off followed by a relief rally which has now tested the breakout level coinciding with the weekly pivot. This presents a good risk to reward opportunity for those looking to short the market. Stops can be kept tight at just above the weekly pivot with the initial target near the monthly pivot @ 14222. For traders looking for additional confirmation, wait for a break below yesterdays low.