short setup

V looks to be setting up on the short side as it flags at support. On previous tests of $70 price has bounced, here it seems as though buyers are disinterested in this price.

base breakdown example

A good example of dying pace in GOOG today.
Bounced twice off of the initial low before continuing lower, while later Support was turned Resistance. Tough part would have been gauging a downside target, hmm.

a recurring theme

On the heels of a previous post...Short setups in RIMM and FCX
First, we have an established range with S/R which will give us potential targets on the breakdown move (also worth noting, the overhead Supply in this case is an earnings miss gap down):We get a few bounces off of support, only to see buying interest wane before the breakdown:
Same situation in FCX

How fast the tide turned:RIMM ended the day in a long-legged doji after tagging it's 50-SMA

short setup

Along the lines of a previous post, here's a similar setup in VMW today:
Price is within a range with established Support/Resistance levels
Price broke down once buying interest waned, ideal entry is on a mini bear flagend of day update

failed short

Shorted JOYG and got stopped out, but I still love this pattern where you can just see buying interest just die.
The Support-turned-Resistance zone was working early in the day, but the more it comes back to test it and the more the buying interest wanes, the higher probability it will break down from support.I entered on a little bear flag setup and got whipped out (stop too tight), had I stuck with it I can see the potential of where I would have gotten back in with much cleaner price behavior within the later bear flags at support