I believe the risk/reward is in favor to the downside. Lack of buying volume is a bit concerning. My scans tonight turned up about 2:1 bearish setups.  Here are the best.

BLK – Failed ascending trend line and lost the 50ema today. Lots of sellers. Great short opportunity, imo.

INTC – Rising wedge be breakdown here. Lots of sellers today.

MCD – Would like to sell some short on losing $96.50 on above average selling volume.

LONGS:

LULU – $76.75

MAR – $38.90

NKE – $113

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