The bears, despite some respectable efforts up until yesterday afternoon, finds themselves at a breaking point with S&P 500 determined to take another crack at 1883. 

With every attempt, it becomes that more likely that it will break and there are plenty of news events this week, from the FOMC Statement, GDP and Employment, to push it through that level if need be. 

But don’t count out the bears either because they have held on for two months and at multiple points this month pushed SPX into the red. If this market can reverse its course yet again, then you’ll want to take a stab at some of the stocks on this list here. 

Here’s my weekly bearish trade setups:

bearish trade setups 4-29-14 

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