The ideal short setups are flying off the shelves right now. 

So you gotta get them while they are hot. Right now SPX has given up all the day’s gains and trading at break even. Considering the fact that SPX sold off 40+ points yesterday and it has failed to hold a mild dead cat bounce tells you that the market has the bears pouncing on every attempt to bounce. 

I’ve gone ahead and added one additional short position today and there are plenty of short setups shown in the list below that can still be taken. A couple of them that really stick out to me are Harris Corp (HRS) which is starting to breakdown quite nicely on the daily chart. Others include JNS, LVLT and ROK. 

Here’s the list of bearish trade setups:

bearish watchlist 

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