FRD ideas. Shorted as it bounced from 3.60s to close to R/G area 4.12s, risking off morning support @ 4.22. Tight risk as I was playing it after R/G, with the assumption it could squeeze up easily. But with heavily short favoured risk/reward in my mind. Can't tell if my thesis was bad, maybe the execution was bad, or I just got unlucky... I feel lost. The day after roughly played out as I would have liked... P/L includes commission