Our best stocks to short for the next couple of days are the Russell 2000 ETF (IWM) which is pushing he upper tier of the Bollinger Band. The stock charts shows an index making new high but it cannot close at the highs of the session. Cantango Oil and Gas (MCF) and Herbalife (HLF) are both potential shorts. (MCF) is overbought on the RSI and nearing resistance levels. (HLF) is setting up a potential head and shoulders formation.
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Please leave some feedback. Thanks, Bob