Bears have delivered a very powerful rejection from 8.5K down to 6K. I am not expecting the 6K level to break without a dead cat bounce first. I have taken partial profit on my short from 8.2k and opened a small long at 6.1k. My target for the dead cat bounce is between 6.8k and 7k. At that price I will close my long and add more to my short. 5k remains the target.