1. The low volume pullback seems to be stalling right at resistance.
2. The two day RSI made a lower high and seems headed down to oversold levels.
3. Stochastics seems to be losing momentum and ready to turn.
I went short 500 shares of SSRI at $32.24. I will likely place a stop in the $33-34 range with an initial target of $29.50.
I've also had my eye on some steel stocks, but all the acquisition talk in that sector has me a little gun shy.