fyi, i have revised the targets on the CMCSA short setup as shown on this updated daily chart. note that CMCSA is ever-so-slightly trading below the wedge pattern following the open today but i’d suggest waiting to see what the market does in the first half-hour or so of trading today before shorting this one. if you did enter the trade, it should be fine even if it retracts back into the wedge for a bit. the markets are oversold in the very short-term time frames but i do expect considerable more downside, regardless of any counter-trend bounces, which are likely to be fleeting.
