Oil & Gas Short Play

Oil and Gas index. Approaching resistance. $DUG is the short play when this index falls.

Shorting Ideas Before The Holiday Weekend

NFLX - I've talked about this before. The head and shoulders pattern was broken and it broke though the neckline. Today after market Starz announced they were pulling their content. The stock pulled back afterhours 8% this puts it right back at the neckline. I want to short this but Im going to be cautious. Watching this closely tomorrow.

SPXU - SP500 at resistance, shorting at support with a tight stop.

DUG - Inverse ETF of crude oil.

Crude index