Anticipating a Retracement Before Shorting. wait for news/open

The tech sector has experienced a decline following the Q3 earnings reports. I am looking for a balanced retracement to yesterday's closing value. From that area, I plan to initiate a continued short position.
Beyond Technical AnalysisChart PatternsdaytradeESFundamental AnalysisMESnySPDR S&P 500 ETF (SPY) spy500trade

Disclaimer