• BXS - Mar 27 201520150327
  • FOE - Jan 14 201520150114
  • ILMN - Dec 02 201420141202
  • LOCK - Feb 11 201520150211
  • $NDX - Mar 31 201520150331
  • QQQ - Mar 31 201520150331

Short Setups

Stocks in a bearish pattern formation that are poised to break-down and provide an objective short entry. Also included in this category are stocks that may have already triggered a short entry but still offer an objective entry or add-on to the position at or near current levels such as a bounce back to a key resistance level.

Mar 312015
QQQ 15 minute March 31st

QQQ 15 minute March 31st

Timely exit on the QQQ bounce trade posted here yesterday at 106.64. Q's moved sideways & then lower and are currently trading at minor support. My expectation is for any reaction here to be relatively short-lived. Also note that the short-term sell signal via cross of the signal line below the zero level has just occured. Now awaiting the aforementioned 28-68ema bearish crossover for additional confirmation that a new short-term downtrend is underway.

The preferred swing target for the QQQ short trade remains 100.09 for now although T3 remains the final target at this time. Click here to view those price targets on the live, annotated daily chart of QQQ

 March 31, 2015 4:15 pm  Active Trades - Short, Equity Market Analysis, Short Setups Tagged with: ,
Jan 142015

-+*FOE (Ferro Corp) offers an objective short entry here on the break below this support shelf. T1 is the sole target for now with the potential for additional downside targets to be added. Suggested stop over 12.15.

 January 14, 2015 12:54 pm  Active Trades - Short, Short Setups Tagged with:
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