Shorts For The Taking
Ryan Mallory | Jun 30, 2015 03:20PM ET
These short setups are flying off the shelves.
So you've gotta get them while they're hot. Hours before Tuesday's close, SPX had given up all of the day's gains and was trading at break even. Considering the fact that SPX sold off 40+ points on Monday and that it has failed to hold a mild dead-cat bounce tells you that the bears are pouncing at every chance they get.
I went ahead and added one additional short position Tuesday, but there are plenty of other short setups ripe for the picking in the list below. A couple of them that really stick out are Harris Corporation (NYSE:HRS), which is starting to breakdown quite nicely on the daily chart. Others include (NYSE:JNS), (NYSE:LVLT) and (NYSE:ROK).
h3 Here's the list of bearish trade setups:/h3
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