Hello Everyone,

Here's a link to Tonight's Newsletter.

Quick Notes:  Mixed day for the market with DOW/SPX closing fractionally lower while the QQQ/IWM managed to close fractionally higher.  Ho hum inside day type action in front of tomorrow's large Option Expiration.  Energy is building with ES (SPX Futures) trading in a range of late 4425-4480.  Do we get a push to shake weak shorts and then reverse after forming a lower high?  That's one option that I will review tonight below.  Keep in mind that we have the all important FOMC meeting next week - remain nimble. 

Note: Several previous ideas on watchlist remain valid but simply have not yet triggered so continue to re-examine each night.  Consider making a fresh top 10-12 setups  each night and put on front page along with existing trades.  My advice is to keep your total ideas to a manageable number.  Lastly, it's best to wait at times for valid setups to form - sometimes less is more.

Please take a moment to look at the trade ideas.

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