Given BMO's recent Q2 earnings decline, missed revenue estimates, and general economic challenges facing Canadian banks as noted by UBS and Fitch, I believe BMO is poised for further short-term weakness, making it a solid candidate for a short position.

Given BMO's recent underperformance in Q2 earnings, alongside the significant increase in provisions and declining net interest income, I believe the stock is likely to face continued downward pressure. This positions BMO as an attractive candidate for a short trade amidst ongoing economic challenges.