Here’s the bearish list of trade setups for the week that you’ll want to keep close tabs on. There are a lot of good plays here that are setting up nicely as we speak.
We are attempting to finish higher for the third straight day – which is something we haven’t seen since mid-February. Also, there is a possible higher-high being formed on the daily if SPX can close above that 2087 level which it is currently right on, right now.
Also adding a few short trades as a hedge to your portfolio right now also isn’t a bad idea as there is a high level of unpredictability right now prevailing in the market.
Here’s the list of bearish trade setups:
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