Update - $MAKO, $FAS

$MAKO - This stock ripped today, I was wrong the market was right. It's too far above the 50ma for a short

$FAS - The inverse $FAZ is coming to support and looks more likely to be a buy, thus destroying the falling wedge pattern I'd thought was developing.

Potential Set-ups $MAKO, $FAS

Potential long set up for financials. A lot of things have to go right for this set up to work. This chart is a couple of days old. So the stock needs another couple strong days for a break out.

Potential short play. This stock is actually very strong fundamentally. I have traded this stock and made good money from it but I won't hesitate to play it on the downside as well. I'm going to be cautious as the stock's propensity towards strength could take over.

3 Possible Set-Ups $MAKO, $FAS, $DIG