Bearish Stock Market Trade Going Into 2021
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The markets have been ripping higher these past few months as Wall Street is continually hit with catalyst after catalyst (i.e. the vaccine, presidential election and now the new stimulus check).
So we’re not surprised that shorting anything right now (when the stock market is near hitting all-time highs) is easier said than done.
Or so we thought, until we noticed something interesting playing out on our charts.
We have a couple reasons why we believe what we’re seeing is a very good setup going into 2021 to successfully short a stock.
You see, a few hours ago we learned some shocking information about this company that could destroy it… Protests against the company have already begun…