The bulls are finally showing some indecision about where they want this market to go. It doesn’t mean that the current run is over (hopefully it is), but it does mean that the bulls are thinking twice about how much more capital they want to commit to this market, and how much longer they want their profits to run for. With that said, Asian markets were down about 1% to 1.5% , while European markets are currently trading flat with a slight negative bias. In the States, we currently have the Dow, S&P and NASDAQ futures all trading slightly in the red.
As for the setups here they are…
Long Setups: DPZ, KNOL, MEA, NSH, SYMM, VIT, HOGS
Short Setups: AXE, CTB, JNJ, SL, SLIM