Bearish Setups In Case Of Spring High
Ryan Mallory | May 20, 2015 12:30PM ET
The market has been "on fire" over the past few days...okay... I am using that term loosely...very loosely.
Nonetheless, the market has seen its best development in either direction take place over the last four trading days with the breakout over 2120, and with that we have a market that is finally showing signs of a trend.
I would have rather it been to the downside, as I think there was more opportunity to make some coin off of the market if it had done so, but instead we are trending higher and as a result, entering into a short position at this point has to be done with caution if not downright avoided.
But if somehow we are setting up to establish a spring high in the market and a subsequent summer sell-off, then you'll want to watch the names below and pull the trigger when the conditions align with the individual stock and market conditions simultaneously.
h3 Here's the bearish trade setups/h3
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