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Short Set-ups for the Day the Market Stops Rallying
11/04/2015 7:00 am EST
Since keeping a list of short set-ups even in the most bullish of market has been key to his trading success over the years, Ryan Mallory, of SharePlanner.com, shares a list of short set-ups to aid the trader in his search for the last remaining short set-ups that have yet to bow the knee to the bulls.
And with the Fed's heavy hand in this market, that may be never.
But for now, let's remain prepared, because when the market does eventually reverse it always tends to catch traders by a surprise, a news catalyst, a surprise earnings miss that spirals out of control into the broader market, or some political idiot that says something for their own personal gain, but at the expense of the broader market (hmm...clearly I'm not talking about a certain politician that wants to cap prescription drug medicines and the subsequent effect it had on biotechs and then the entire market).
But keeping a list of short set-ups even in the most bullish of market has been absolutely key to my trading success over the years and being prepared for whatever the market throws my direction.
So use the list below to aid in your search for the last remaining short set-ups that have yet to bow the knee to the bulls.
Here's the list:
By Ryan Mallory, Founder, SharePlanner.com
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