Another Set Of Short Ideas 09/08/2014 [HD]

In this video we look at some charts we have not considered lately. They all, in my opinion, currently suggest a down market is very likely.

I discuss the NYSE Composite, EWZ, EDC, UUP, ERX,FAS, TNA, OIH, and XRT (retail index).

Personally, I am even beginning to wonder if we are trading at serious market highs because of the weekly chart formations.

The following stocks are to be considered as short / sell candidates at CURRENT levels or once they break the following monthly lows (so kindly set alerts as needed):

ADHD [$16.24] now that it is below the previous monthly closing low of $17.11, LL [$57.03] below $54.22, RGR [$50.68] below $49.52, SILC [$30.52] below $26.84, and WFM [$38.81] below $38.12.

Good luck.