Wednesday, February 20, 2013

Short Trade Set-Ups 2/20/13

Watch the 50ma, if it breaks this rising support line on volume, this could be a good short 
Today was a fail, watch this rising support line, if it breaks down below the 50ma it could test this line.

After a strong run we are seeing a test of this rising trend line. Looking to short on a breakdown. Next stop 47.30 area.

Could be setting up to fill this gap and test this prior resistance.
Watch this support line and the 50ma, could fill this gap for a nice short