A Short Watch-List in a Long Market (by Ryan Mallory)

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My watch-list that I work off of for swing-trading short setups are getting… well… short

swing trading short watch-listSimply because this market keeps going up and up, although painstakingly so. You don't seem to see the surges higher, but rather a market that is simply content on drifting higher. Nonetheless, there are quite a few gems that I like on this list so keep an eye out for them. 

There are others that have already dropped and the ideal scenario is to wait for them to pop back up into resistance

My three favorite short swing-trade setups are:

EverBank Financial (EVER) – nice bear flag confirmation – breakdown looks great, right underneath the prior rising trend-line. 

Actavis (ACT) has a great lookin' head and shoulders pattern that has yet to confirm. But below $83, you should be good to go. 

Barrick Gold (ABX) Already broke below key support. I'd like to short this stock on a move back to somewhere near $33, and then ride it lower below $31 before covering. 

Be sure to check out more of Ryan's swing-trading ideas at SharePlanner.com