Another Set Of Short Ideas 09/08/2014 [HD]
2 years ago
15
In this video we look at some charts we have not considered lately. They all, in my opinion, currently suggest a down market is very likely.
I discuss the NYSE Composite, EWZ, EDC, UUP, ERX,FAS, TNA, OIH, and XRT (retail index).
Personally, I am even beginning to wonder if we are trading at serious market highs because of the weekly chart formations.
The following stocks are to be considered as short / sell candidates at CURRENT levels or once they break the following monthly lows (so kindly set alerts as needed):
ADHD [$16.24] now that it is below the previous monthly closing low of $17.11, LL [$57.03] below $54.22, RGR [$50.68] below $49.52, SILC [$30.52] below $26.84, and WFM [$38.81] below $38.12.
Good luck.
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