Bearish Setups Easier to Find

Unfortunately, I was out of commission for most of Friday after a late Thursday injury to myself. I am still a bit slow in the typing and charting department today, but I did manage to start running scans last night. One thing I noticed is I am not the only one hurting right now. Quite a few are charts struggling.

In fact, there was a broad change of character in the scans I run on a weekly basis. Over the past seven weeks or so, the results came back around 3-to-1 bullish to bearish setups or even 4-to-1 sometimes. This weekend, it was just the opposite. Bearish setups were much easier to locate. I believe one or two flat days or even small bounces may create some good downside opportunities. If I were bullish, I would actually prefer a sharp push lower early in the week, so we could see a mirror to the small correction the market had in June....369 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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