Strong set of bearish engulfings on 3 HR tf reflected further bear momentum overall, following the close at 8:30 am EST, recognized the high-likelihood of a retest & continuation following 3 failed drives to the high following a strong engulfing rejection from 142.65. Position should've been moved into b/e after 2 closes 1.5% into move to ensure capital preservation. RR appx. 1:3