H&S and the 20DMA

• A couple supports at 120.62 and 114.21.
  
• Head and Shoulders pattern emerging.
  
• Price has broken the 20DMA during trading hours today.
  
• Target for a direct short on this could be the 114.21 support , possibly even timed by the trend line (drawn on the weekly scale).
  
• MACD histogram is looking to cross below 0
  

This chart is re-inforcing my TZA trade (a related 3x bear), linked.