Definitely not the day to be adding shorts, but don’t discount the notion that it could be a prime opportunity once this bounce the market is seeing from yesterday afternoon and today finally peaks. Below are the short setups that I currently liek the best of all the trades. I’ve weeded a lot of the ones that are so over extended to the downside that there is no effective way to manage the risk on. So my focus is on bearish chart patterns with solid risk-reward plays. 

Here’s the list of bearish setups. 

bearish watch-list 1-21-16

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