Short Setups (Remember When The Market Sold Off?)

This bounce today is totally different than the one we saw on Monday.

The strength is there, it is actually pushing above the 5-day moving average and breaking through the previous day's highs. Monday's rally had none of those qualities to it. It was simply a dead cat bounce. As a result you have to shift your attention to the long setups. And yesterday, I posted a nice list of long setups that you should be watching. So here is to me hoping that you took advantage of that list today....I know I did. 

And it might not seem applicable, but I am going to publish my list of short setups right now too, because 1) I do that every week regardless of the market 2) I didn't think yesterday I would need to add 3 new long positions, but I did. 

So who knows if we'll need this list tomorrow, but it doesn't hurt to be prepared and thinking one step ahead of this market. 

Here are my short setups

Bearish Watch-List 9-15-16

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