Sending Out an SRS; Chess Moves

With the intention of swinging it into next week, I went long SRS, the ultra-short REIT ETF (basically the double-short version of IYR), at $11.56 with a protective stop-loss below $11. This position is roughly 4% of my capital. REITs, utilities, and even some consumer staples are seeing notably weakness as yields rise this week, Note how they are rate-sensitive sectors which have benefited immensely from the bond rally. However, I am not putting on this trade as a macro tourist or "expert." Rather, this is a technically-driven trade, as the IYR ETF, seen on the daily chart, below, has been showing signs of buyer fatigue after a brilliant run for a while now. My open positions now: Long SRS, Short NKE.