Trading opportunities to keep in the back pocket

My bias in this market is still to the upside, and now that we got a bit of a pullback on Friday, there should be some more room overhead for the market to run and also buy some stocks that are off of their highs. 

With that said, you need to be prepared at all times for changes in this market. Which, if you are not keeping a separate list of possible short setups that you can take advantage of when the time comes, then you need to copy the list of my own that I have provided below. 

The three that lead the pack are:

Ocwen Financial (OCN) which has formed a double-top formation of late and ready to push lower.

Valero Energy (VLO) continues to be one of my favorites with a head and shoulders pattern where it has retraced back to the neckline. 

Royal Caribbean Cruises (RCL) solid down trend in place, and retesting the falling channel for the third time, which could very easily lead to a much large washout in the stock. 

Here is my watch-list for trading short

watch-list for swing trading short

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