The market has not yet broken down and is still in a clear uptrend. 3 out of 4 stocks follow the general trend of the market and the best speculators in history NEVER bet against the trend.
Here are some examples of chart patterns I would love to be short, if we were in a secular bear market. These are just chart pattern examples of what I want to see in a stock I go short. Study the price and volume action of these stocks. Notice the similarities in the patterns.
BER weekly
EAS daily
SMH daily…that isn’t good for Semiconductor sector.
NTRI daily
CYMI daily
LLTC weekly
AXP daily
WFMI daily
POOL weekly
WLK weekly
CWTR weekly
