Rick’s Featured Trade Ideas

Today’s featured trade idea and my personal trade plan
ENDP Long | Trending

Good Morning, Profit Traders,

Three lower highs, a hint of trouble – Before there were three lower highs, there was two shooting star double tops. The current chart pattern of the SPY is not one that a bull should be happy with.  The picture that is being painted is suggesting the bears are outnumbering the bulls. The morning weakness is suggesting there may be a test of September low; a fail at the September low would put the $209.35 as the next major lower target.

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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 losses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!

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