The market is bouncing on good MF today.
We'd better be cautious on the short side. This means shorting in strength and not in weakness.
I am looking at FFIV/VMW, but want to see them moving closer to their 5MA
JCI is the only one that looks shortable here at $41.48. It bounced to the 50MA on a weak EV pattern.
The trade should be closed if we break $42.
Pascal
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