Taking a Short Position of SPY at $110.96

I would advise not trading in this market, but this take has OK odds for a reversal back to $110.60. I will cover half my position if it gets there and then see if we can move any lower. Only negative to this trade is that we are hitting a resistance level for the third time which often leads to a break through... Stop loss is around the highs of the day or a little over them, depending on your risk...