Short Setups don’t look nearly as good as they did at the end of the last week.
Nonetheless, there are still plenty of good trade setups out there worth considering. So far, but to a lesser extent, the bulls are working out of the same playbook from last week with a mild bounce yesterday and some follow through today – just like what we saw last week. Obviously it is a short week of trading, so it will be interesting to see if the bulls can keep the momentum through Christmas and into next week.
It looked like we would get the same last week, but the bears quickly stepped in and negated those plans. if that happens again, you have some short setups you will be able to take advantage of….
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