We’re heading into the close and the market is playing with the notion of closing below 1340. If we close below that I’ll be a little bit more comfortable about adding more of the short setups listed below. I’ve already added Sigma -Aldrich (SIAL) at $70.27.
I was actually thinking the market might take a turn for the better, but all we really got out of the market was a very large bear-flag on the S&P 5 minute chart. With it being that obvious, I have no desire to take a stab at additional longs here. So getting short is what I’m most interested in.
SHORT: Next Innovation (GSVC)