2nd Down Day Lots of potential here. Although there has been institutional investing / insider buying, the pharma market is due for a heavy pullback in the short term. With bios looking to be in the red, VRX's overextension is the perfect set up for bears to come in and claim profits off the correction Enter Short 50RSI 5m Chart.
1st Down Day Another set up with heavy pullbacks. With the first red day set up being shown here, it's possible to see the potential for future red days past this one on our daily chart Enter Short 45-50RSI 5m Chart.
Red To Green Move Strong dip into close after a long hold above VWAP on volume throughout the day. Gives me reason to believe there may be upside action to follow tomorrow. Keeping it on watch for any potential red to green moves Red To Green
ETF Market took a big red candle today. The looks of this candle shows potential for continued market downside Buy on Red SPY
ETF Expecting Bios to fall tomorrow with overall market if SPY remains red Buy on Red SPY
Short Squeeze Potential to squeeze tomorrow as many shorts have held overnight. If $4 holds I might expect a few shorts to cover. Short Overextension / Buy Squeeze
Multi-Day Pop Known to move multi-day. Current sporadic upside leads me to believe there is some manipulation in favor of bulls against shorts Buy $3 Break