At the moment, telecoms, utilities and REITs look expensive to him and could be
candidates for short positions, while energy and energy infrastructure plays look attractive.
For long positions you pay the premium and
for short positions you receive the premium.
For short positions, I use put options.
For a short position, the closest support level is the highest probability target.
For a short position, using the bar low has the same effect.
For a short position, it's the opposite.