RTY - Reason Why I didn't short yesterday

First of all, I should've known EUro PMI was coming out, oops. Anyways, I didn't short yesterday because RSI was touching oversold and this drop was already the same size as the previous drop. (Two red arrows) The fact that the drop is accelerating is bad news.

RTY - Reason Why I didn't short yesterday
RTY - Reason Why I didn't short yesterday E-MINI RUSSELL 2000 INDEX FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:RTY1! hungry_hippo First of all, I should've known EUro PMI was coming out, oops. Anyways, I didn't short yesterday because RSI was touching oversold and this drop was already the same size as the previous drop. (Two red arrows) The fact that the drop is accelerating is bad news.