Its quickly getting ugly again with the market already posting losses of over 1% and quickly approaching 2%. 

With an evening star candle pattern forming on SPX and much of Friday’s candle already being lost on SPY, the bears are starting to reload their short positions. 

I’ve also added a couple myself, and you can get my full watch-list below and as you see fit, adding a few short candidates to your portfolio. Just know the risks that come with shorting stocks and plan your risk strategy accordingly. 

Here’s my list of short setups:

bearish watch-list 2-2-16

 

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