SBUX/Short (Restaurants)  In the SBUX chart, A bearish dark cloud cover was formed Friday with bearish confirmation yesterday closing below the big three.  The dark cloud cover also comes on a failed high.

Yesterday’s featured trade ideas ADPT short, +10% trade if shorted in the box. FB short is working out. Remember not to chase a position, learning how to trade on your own can be so rewarding today, tomorrow and for your future.

Education builds confidence for success!
I will be covering more on the Featured Trade Idea (entry, stop, targets) in the trading room at 9:10 AM EDT today.

SBUX Profits through education  Sept. 29
Possible entry plan idea:   Short box $Members Only
Possible stop plan idea:   Close above $
Risk Reward 5:1 depending on entry/exit/Stop

This is the place you ought to be!
*HRTX/short member’s trade idea on Sept. 28, up 23 %
AERI member’s trade idea on Sept 11, up 71%
AMBA/short member’s trade idea on Sept. 2, up 44 %
*RTRX/short member’s trade idea on Sept. 2, up 25 %
*INSM/short member’s trade idea on Sept. 1, up 25 %
For only $2.74 a day, learn and earn at the same time!
To see more Click Here

SPY:  Yesterday was a terrific day for profits if you are short or maybe long a few inverse ETF’s.  I usually receive a few emails each day from members that are sharing good trade ideas or setups, last night I received many emails about how well they did yesterday (congratulations)!  Way to go on being on the right side of the market and following the short trades.

The SPY continues to form a bearish H pattern and until that pattern is reversed by the Bulls I think the short trades and inverse ETF’s are the way to go. (Don’t fight the trend).  Yesterday in the trading room I started talking about how we could see a little bounce or relief rally.  I also warned that a relief rally was nothing more than a very short-term bullish pressure release.  I cautioned not to get sucked into Candlesticks that were made up of noise.

IWM:  A new day, same story.  Sellers continue to control
SMH:  The semiconductors continue to see weakness as sellers drive it down.
IYT:   I wonder if the transports have a AAA membership?  They need a tow truck.
VXX:  Poised to retest the recent highs.
This Week’s Economic Calendar—> Click Here

Each day 10 -15 stocks are posted in the members area that I believe are poised to move 10-20% (maybe more) within the next few days based on the charts. As you know some work and some don’t…Welcome to trading. Please follow your trading rules for entry stops and profits. Remember to check for earnings!
Members Trade Ideas below

Keep your eye on the inverse ETF’s They trade well!
To see all of today’s trade ideas Click Here
Investing and Trading involves significant financial risk and is not suitable for everyone. No communication or chat sessions should be considered as financial or trading advice. All information is intended for Educational Purposes Only.

VXX S&P 500 VIX Short Term Futures:  A close above the T-Line ™ implies the bullish short-term swing traders are in control.  A close below the T-Line ™ implies the bearish short-term swing traders are in control.

Energy Sector: XLE, SX90, ERX, USO  A close above the T-Line ™  implies the bullish short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control.

SMH: A close above the  T-Line ™ implies the above short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control.

IYT: A close above the  T-Line ™ implies the above short-term bullish swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control.

US Dollar Index: UUP, DXYO A close above the  T-Line ™  implies the bullish short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control.  Learn more about the T-Line – Click Here