4 Dead Cat Bounces To Short

Founder of Share Planner • Jun 6, 2016 at 4:15 PM EDT

Here's four dead cat bounces that I am watching closely if this market rally ends up failing. The list included Exxon Mobile (XOM), Intel (INTC), McDonalds (MCD), United Parrcel Service (UPS).

Here's four dead cat bounces that I am watching closely if this market rally ends up failing. That doesn't mean I am saying it will fail, that is me saying "IF" it fails. I have none of these as shorts, and am only looking to add them if the market conditions start showing signs of deteriorating. So far that isn't the case, in fact the market just broke through the April highs.

The list included Exxon Mobile (XOM), Intel (INTC), McDonalds (MCD), United Parrcel Service (UPS)

Just always be ready and take note...

(Click on image to enlarge)

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MCD UPS XOM INTC

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