Shorts have been in control so far this shortened trading week. 

Yeah, right now the market may be trading higher, but it is barely higher and well off of the highs of the day. 

A lot of your big names are trading lower, but the good thing for the bulls here, is that there isn’t the panic selling that we saw hit the market back in December. Instead, it is controlled profit-taking that actually seems a bit normal. 

Sure the VIX is elevated still, but historically speaking a VIX in the 19’s isn’t a bull market killer. 

So what am I suggesting here, well, I’m simply saying that the market hasn’t showed me enough here to suddenly flip the script and get bearish again on this market. I know there are plenty out there suggesting otherwise, but if you are honest, you have to ask yourself: “What has the stock market done over the course of this week, to suggest that we are going back down to those December lows again?”

There really isn’t enough out there to support the notion. Of course I could be wrong, and it is why I always keep a solid bearish watch-list readily available, because I never know when I might actually need it. 

So here you go – notice that almost all of them are either forming a bear flag pattern, or rallying into some tough resistance that is trying to now turn lower. Take your pick and trade accordingly. 

bearish swing trading setups 1 23 19

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