If looking to get short on the current or future bounce, SRS offers two low risk and easily managed entries.
The leveraged real estate ETF is currently right at moving average support. An entry here with a tight stop under the moving average provides low risk If the top is placed at $64 and the target is modestly placed at $75, that would give us a 5:1 reward to risk ratio.
If the market gives us a stronger bounce, the next logical entry level would be at $50, where there is strong price support.
Paul J Singh 
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