Very bearish day. With market breadth extreeeeemly week all day. If one was to miss the opening sequence short and were looking for a pullback to short, what I typically do is to look for the 5-min chart to turn back over negative (the fast line/histogram). It's often reliable, but most important the price confirmation is there; failed retest of the breakdown point.
The setups I include on this blog are used in conjunction with the 3/10macd and the criteria I ascribe to it as a way to alert me to an existing condition of price. The key concept to take away from this blog is that I try to anticipate what will happen on the higher time frame by using a faster time frame to trigger the trade setup. I do not trade a "system" I use two indicators to clue me in to price conditions. Please read the Disclaimer located in the sidebar of this site. I can be contacted via email at firstname.lastname@example.org
I am always open to questions, comments, or suggestions on how to improve this blog.