Neon Shorts

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We’re not even an hour into the trading day, and the bulls and bears are still grappling with each other, trading to get on top. The day is going fairly well for me so far, in spite of the early attempt to blast the market higher. I have now five ETF shorts and two individual stock shorts. Those two are Next Era Energy (NEE) – – yep, I haven’t given up on this sucker!

And On Semiconductor (ON). As you can see, both of these charts are sporting terrific-looking reversal patterns.