Hedge - YM Short 13,684

Based on my thesis presented in my October 20th post, I am putting on a hedge by shorting the YM on a swing basis. The timing is consistent with the move up to the 34 EMA, which is the "kiss-n-fall" that I expected. I am looking for price to move to the 200 ema (at least) and will be peeling off at that level. This level is on the cash chart - not the futures chart, so I will activate audibles to alert me when we get to this level. My stop level intraday is set at 13,915 on the cash chart, while my target is 13,159 on the cash chart. I will exit the position if bar close is below the 13,915 level, but above the 34ema level. The ultimate reward-to-risk ratio is 1.8:1.

I am not taking this position because I am a short selling asshole. I am taking this position because I have a shitload of long equities that I need to protect. So, I will be more than happy to be stopped out of this hedge position. I consider it insurance.