This is the second day in a row for me where I have not placed any new trades. 

The bulls are holding the 50-day moving average on SPX, but they aren’t doing much of anything else. 

Sure, get excited about today’s bounce – it is on nothing volume, and one tweet from POTUS and all of a sudden, you are right back to where you were on Monday. 

So while a huge part of me really wanted to buy some stocks today, when I considered the overnight risk, and the meagerness of today’s bounce, I could not pull the trigger. 

We’ll see if tomorrow follows through – if so, there will be some trades to be had. 

For now, I’m sitting on the sidelines waiting for clearer direction from the market. 

Should the market reverse once again tomorrow, you have some prime selections to choose from in the watch-list below. 

Here’s the bearish swing-trading watch-list:

bearish swing trading setups 6 26 18

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