Short Side Coming Attraction
By All About Trends
Or shall we say the “What To Look Forward To!”
12-2 Per the index action at the beginning of this newsletter. If the markets do break down and retest the lows of November it ought to drag everything with it. Here is just one of the many names on our short side watch list we're watching if we do start to sell off next week.
The key words here for next week are: DECISIVE and WITH CONVICTION. How will we know? Name after name on this list below will break channels to the downside (decisively and with conviction) and won't look back. Again don't bet the farm on this, just BE AWARE (notice we said be aware not beware? That's to keep you from getting scared or excited depending upon your mindset). As usual we'll take it a step at a time around here.
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The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.