We have shorted above 109000 several times, reducing positions each time around 107000-107500. This time I feel it's going to be a big move. At least tonight, if it breaks 106500 and falls below 106000, we will see 104000. For now, reduce positions at 107500 by 25%, then reduce once more around 106500. Hold the rest for long-term. The temporary rebound is weak, and we can buy back a bit at 108000. Add everything back at 109000.