Last week the major indexes took a hit.

However, we’re seeing a healthy bounce so far this week, and I believe the SPY could move to around 550-551 if it pushes past resistance.

As far as trade setups go, I’ve got a chart with a bull flag pattern that I’m looking to get positioned on.

Click the image below to get that trade.

YOUR ACTION PLAN

Costco (COST) has a great looking 195 minute TPS setup. As you’ll see in the chart below, it has a bull flag with a clear trend and a squeeze. It also has earnings coming up on Sept. 26. I’ll be looking to get in on COST during the week of earnings with a target at a new all-time high around $921.

(Click to enlarge)

If you want more trade ideas like these, there’s still time to join me in Daily Profits Live as part of my Daily Profits Live Open House.

The event is compeltely free, and it’s your chance to trade alongside me all week long.

Yesterday I closed two winning trades, a 38.46% winner on CAVA and another 26.83% winner on CAVA (in one trading day).

Don’t miss out on the next potential winner.

Click here to join me in The Daily Profits chat tomorrow for FREE.

TESTIMONIAL TUESDAY

“Made 30% on CAVA also (IN 1 TRADING DAY). Thanks Nate!”
– 123Michaelg

“STC ORCL strangle @$13.22 good for 34% overnight gain!!! Thank you Bryan B!!!”
– BoomerMC

“A cool 15% WINNER in 1 trading day. In 2.65 (DKNG) out 3.05. Thank you Bryan. A great way to start the day.”
– Gunner