Rick’s Featured Trade Ideas

No trade ideas today, we should all have plenty on our watch list
Good Morning, Profit Traders,

The T-Line™ is a powerful timing indicator!

When following candlesticks/price action and chart patterns, one can clearly see the market is not doing very well, and as we all know, major news events will trump everything, meaning, if the market likes what comes out of Jackson Hole, this market could jump and fly higher.  Of course, it could also turn very ugly. Today, it is very possible we have a major news event coming out of Jackson Hole.
We still have an Evening Star Double Top and Support at the $217.-7ish level. This narrow range we have been in tells me ALL traders/investors are waiting for a clue.

All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.
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Members Daily Trade Ideas,

No Trade Ideas Today

These are the stocks I put on my watch list to trade. I focus on these stocks for Swing Trades and the potential 10% – 40% gains.  You must follow your trading rules for entry stops, profits or loses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!

Based on the close yesterday | Watch for the change
SPY:  T-Line™ & 2-hour chart | Weakening
IWM:  T-Line™ & 2-hour chart | Weakening
SMH:  T-Line™ & 2-hour chart | Weakening
IYT:  T-Line™ & 2-hour chart | Weakening
DIA:  T-Line™ & 2-hour chart |Broken
USO:  T-Line™ & 2-hour chart | Weakening
UUP:  T-Line™ & 2-hour chart | Improving
VIX: T-Line™ & 2-hour chart |Bullish trend for now

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

The information in this email and Blog Post are notes to myself and should NOT be construed as financial or trading advice.

Investing and Trading involves significant financial risk. No communication should be construed as financial or trading advice. All information provided is for Educational Purposes Only.

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.

http://hitandruncandlesticks.com Trading for Profit is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not tell or suggest which securities or currencies customers or subscriber should buy or sell. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here.