We all need some short setups in our lives every once in a while right?
Well, the S&P 500 is breaking the 20-day moving average and looking to make a move back down towards the 50-day moving average. I’ve closed out half of my long positions and holding on to a few longs still. while adding a nice short position to the portfolio as too.
I’m just curious at this point, as to whether we can actually get the S&P 500 to continue pushing lower, or is this just another dip that will be bought up again tomorrow. This market is in desperate need for a sustained sell-off and I’d love to see that happen. If so, I’ll be adding some more trades form the list below to the portfolio tomorrow.
So check out my list of short setups below and lets see how well they do for us.
Here’s the bearish list of setups I am watching.
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