This market continues to get pounded short with early cycle movers like whirpool, HD, & Sears as well as homebuilders showing some strength. Maybe buy these on a dip to 20-day ema if a pattern shows up.
Commodity related stocks are getting destroyed. Maybe reshort these if they rip up to 20 day MA. I think these might bounce soon as the time to short was today or yesterday
I think we are headed lower and will stay short biased until that changes. This is mostly a day trading market, position trades may work if done right
Here is an idea from my watchlist: CMG
SELL STOP: <67>
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