EEE Follow Up (a Cats and Dogs Trade)

Despite this morning's earlier break to the downside...

 EEE recovered fairly quickly from such an intense move which seems to have triggered quite a few stops.

 Here's the consolidation triangle with the break below support with the $1.90-$1.95 area still looking like an area in which EEE may become an interesting short to perhaps intermediate term long position. I would keep price alert set on EEE.

The 30 min chart still has a bullish bias -especially on the break down out of the very commonly recognizable consolidation triangle.

I would definitely keep this trade on your watchlist if you are comfortable trading speculative positions such as EEE.