Consolidation Day

After a massive up day yesterday, one expects rotational price action the day after. Except for NQ, the three other indices gapped down with RTY being the weakest. I initially wanted to buy the dip at 1621.80 but price didn’t reach the entry. Entered short 2@1633.7 on the bounce up into 3 levels of resistance (Fibonacci 76.8 retracement, previous day’s low and upper 1 standard deviation line (green line on 30 second chart)) with both 30 second and 1 minute stochastics overbought. Exited 1@1630.9 and 1@1628.6 when the 30 second and 1 min stochastics cycled back down to oversold respectively. Made a profit of $387.