The break just happened, so wanted to post an update here. The breakout is bearish as predicted. Volume is increasing confirming this break.

Support right now is $236, $233 and $230. 4-hr RSI is almost oversold and 4-hr stochastic RSI is at the bottom. We probably will see a slight bounce here before too long up to resistance from support of the consolidation.

We're still pulling back, so longer positions should be patient for now.

Happy trading!

https://ibb.co/ebZCrb