Market trend says to stay short

Having sat out the market for one and a half months, I'm beginning to again see shorting opportunities. Yes, in SIA
This one has got some meat, meeting the minimum requirement of 2:1. The fundamentals is bad, technicals too.

LT: weeklies downtrend, ADX > 30, stochastics oversold
ST: dailies downtrend, stochastics oversold
As it is currently undergoing a minor retracement, will wait for price to start resuming downtrend before entering a short position.
Preferred EP: 10.28
TP1: 9.28
TP 2: 7.28
SL: 11.28

Cheers!