Please take the title with a grain of salt. At this point, the bears have blown so many unbelievable opportunities that it is too numerous to count.

Short Setups are plenty out there, people. The market looked like it might try to make a big run today, but instead, it has sold off all its gains and 15 points in total so far, with the rest of the afternoon in front of us. 

Will the rampers come to the rescue of the market and buy the dip like they love to do in the final 30 minutes? Who knows. 

For now though, the market continues to struggle with 2100, can’t stay above it, and now showing signs of another short-term lower-high being in place. I’ve got about 40% exposure to the short side right now, and will employ more if the market allows me to. 

For now I want to see these short setups start to materialize some, and if so, add more as the market follows through to the downside. 

Below are the short setups that I am following. I like them all quite a bit, and what you’ll find consistently throughout is a whole host of setups trading at broken support/now resistance levels. 

The risk/reward right now is ideal. 

bearish watch-list 7-7-16

 

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