Stocks pulled back for two days, but trying to bounce today. 

The volume in the market is quite low, which has, for all of 2019, been favorable for the bulls. Yesterday’s end of day sell-off didn’t provide any kind of belief that the bears would follow through into today. And there you have it, the bulls managed to bounce the market today, but all of it coming from overnight price action. The intraday equities session has been quite dull and uneventful. 

But because there is a possible higher-low formed on the daily chart in the short-term, it bodes favorable that the bulls will drive price higher in the days ahead.

Now could I be full of crap and be wrong once I wake up in the morning, and see the bears have a firm stronghold on price action again? Yup, I could be, but what I know now is that the bears are not taking full advantage of market weakness like we saw back in Q4 of last year. 

With that said, I have managed to put together another appealing list of short setups that should this market run against my current thoughts and analysis on this market, would make for some interesting trade setups going forward. 

Here’s the list of short-setups. 

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